Well done Richard,On first glance the numbers look very decent.Just quick tip.Our group has never come in on budget with our rehabs even after completing hundreds of them.The reason is we estimate non achievable low figures on the rehab cost which pushes us to get creative and keep costs at the absolute minimum.

I look forward to working with you and helping you achieve your real estate investment goals.Melissa

That's a very tough goal to achieve here in the Denver area right now.

She could achieve $1,500 in rent.

It does provide some asset protection but not what you are trying to achieve.  

I am assuming that the building may achieve 21% cap rate at full capacity so consider hiring a real esate agent to find occumpants and factor those costs in as well.to get an FHA loan you need at least 640 credit score in all 3 credit score agencies.

If these spaces are above a wood or metal framed floor level then the temperature difference will not be noticeable.Personally, I really prefer stained, sealed concrete floors as they provide a rich texture to the existing concrete that you really have a hard time achieving with flooring and it wears better than any other material.Chad Conrad

I won't stop until I achieve what I need to.

While it may be achievable, it is always based upon "assumptions" that never work out the way you think they will.

And lastly is there a better way to achieve this?