ARV is $900K on this house (Summit NJ, train access NYC) and reno timeline is 3.5-4 months (we're dormering an unfinished 2nd floor to add master suite + 2BR + BA, gutting first floor, finishing basement). 

It makes more since for her to rent a little apartment and rent it out, or sell it.

I understand your market is crazy but that Tax seems awfully cheap for an apartment house worth almost a million dollars .

If I design a 10 unit apartment complex and have land in a great potential area, how do I go about getting bonds/money financed to build the property?

We quickly bought our first apartment and then mobile home park. 

And I have to prove I have a renter in place to access my 2nd half entitlement, right??

Here are the details:9 Units in Apartment (5 2bed, 4 1 bed)1- 2 bed house on property - it is a strange house. 

I'm really excited to be a part of this community and hope to add value and learn.We just put our first offer in on a rehab home...hope to hear this morning if we got it.

We own a 12  unit- 1 bedroom apartment complex.

Is the Rent you are currently paying for a House and or an Apartment, factored into the DTI calculation as a monthly " Expense " ?