Id suggest 1 year livings expenses plus $15k to commit to the business.  

They want the Fed commitment to keep interest rates near zero to be even stronger and less qualified.

Also, by repairing the issue now the tenant knows you are committed to holding them accountable for the condition of the property.I have several key take-aways I want from every inspection.

What I've seen, people dabble in strategies without knowing, understanding, or fully committing.

If you do not live in the house for at least one year you are committing mortgage fraud, which is a felony.

Also would make time commitments and not keep them for example tell us he would get something done and then not do it.

@Cortez Wilson  In my own experience, once you've committed to parting ways, the best way to do it is QUICKLY.  

Although it makes me uncomfortable to commit at that price, if I believe in my business and the growth trajectory this makes sense.I would love to get the input from the BP Community and see if this is a good choice in order to scale the business?

From a local credit union I have commitment for a step-down rate as renovations are completed.  4.25% at 80% LTV, 10 year 25AM.  

You can see an overview map of the plan.The Federal Reserve recently reiterated its commitment to keep borrowing costs low and continue its other activities to support the US economy during its likely years-long recovery from the effects of the pandemic.