Let's pause here for a simple question: Does this sound like you or someone you know?

It's almost October here, very few Tenants left after summer.You'll get lucky if you'll get even couple units rented to sell it.It might sound good on paper but there is something wrong in reality.

It means the property is safe, sound and they are happy. 

Your profile made it sound like this was your first deal.

5) Are you asking about insurance to cover the replacement of the building or liability?

If you have more space - naturally share it - but sounds like it is tight.

I didn't think I could borrow from an IRA, but it sounds like I can borrow against it? 

Sounds like a great idea.

It sounds like this project should be treated like a BRRR.

Cleanup Job (Low cost fast flip): - landscape package in front - remove deck- remove vines from house - clean exterior, fix siding and wood rot, paint neutral beige/gray color - clean driveway/weed, clean retaining wall/pavement - replace flooring with mid grade flooring bottom level, carpet upstairs - replace interior fixtures - paint interior white trim, light color beige/gray walls, popcorn ceiling removal - new kitchen appliancesRehab options:- Replace deck with new one (kind of awkward that high to me) vs Remove and fill in wall or add large window to master.- Potential space to move laundry into upstairs bathroom closet vs basement - Can maybe get away with toilet/vanity replacement in each bathroom- Uncertain if painting or replacing cabinets with ikea type is worth it- Any in-ceiling lighting will cause a disaster with electrical since it is out of date- Repave/fix concrete front porch and side porch - replace/paint railing- Replace front walkway cement, or remove walkway and replace with right angled walk to driveway (may not provide ROI)- Tear down vs paint garage port in back yard