It is usually one neighbor that wants a fence or upgraded divider.  

House is in a good HOA community, recently upgraded, stainless steel appliances, larger bathtubs with price points in the $200,000+range.

I think the problem is that the business money will ultimately be paying for all the upgrades and the repairs. 

You have to know what is important in your area when it comes to features and upgrades.

Why rush getting money back to somebody who has broken the lease and likely you'll have a potty-training soiling of flooring to deal with?

He fixed the fence, which was just a matter of a few broken boards.The moral of the story is that even though this worked out ok in the end, I would much rather have taken care of it beforehand.

I had to tweak a few things here and there in the learning process...but I think I broken the ice a little.

And, not to mention the couple dozen or so broken panel pieces of glass.

Interesting topic.David Beard:My equation only cares what the total loan amount is, doesn't matter if it's broken into parts, so it does still work for hml's that lend a % of purchase price + a % of rehab.In your example, the purchase price is 48% of ARV which is way below the 67% threshold in my equation, so, for your set of numbers, my equation is simply saying that a 90% of purchase price loan would be way less $ than a 60% of ARV loan.

I believe @Jay Hinrichs has a website for Turnkey provider reviews broken down by area.