Or should I leave it off as to be more of a draw to renters?

You've also got to make sure all permits are pulled/closed and all subs are paid (to avoid mechanic's liens).If the deal is he doesn't want to be over-charged, maybe title can do a holdback, then you submit the bill from a lic/bonded contractor for a draw with rem to seller?

@Ricardo A Perez besides details in general, if I had to pick 5:Draw ScheduleSelection of materials processIDs on file for all workersSigned affidavits for subs paidProof of insuranceMaybe weekly photos is 6?

My drawings just got done and I thought I had a contractor for my first big renovation.

When you get the HELOC, you can use it like a credit card which you can purchase stuff with it and you have to pay it off.There's two periods: draw period and repayment period.

Lowering rent to draw in more interest is upsetting, but sometimes it’s what you got to do.

If you get orders or have another situation that comes up subsequently, you may have to move, and can turn the property into a rental. 

In some ways its luck of the draw on the appraiser, especially smaller multifamily (5-30 units under $1M loan).

Liquidity I always tell people they probably need to expect to have 30K cash minimum even at 0% down to cover closing costs, first draw etc.

From research a lot of corporations are headquartering there, the lower taxes, affordable housing, plus the beaches and professional sports teams has a lot of draw for millennials.