Those terms could materially change any cash-flow projections you have.

I have a project near college park I’m finishing up a flip.

In most cases these project will fail.

Investing in any Project without taking action is in my opinion a waste of time.

The build was finished, passed by the city, and towards the end of the project asked me "who is connecting the apartment to your house?". 

Using this approach, keeping withconservative rent growth and vacancy assumptions, and factoring in the fully matured real estate tax amount post-abatement, the Y1 projected cash flow of $570,561 ($670,561adjusted down $100,000 to account for the fully matured RE taxes) would value the asset at roughly $11.4M at a 5% cap - a substantial savings from our purchase price of$9.8M.

Check the numbers and not only what you can sell it for, see what she owes to other people or lenders on this project and how much money needed to complete the rehab so you don't end picking up the pieces of this deal.

As the state capitol, with OSU graduating 6000+ students a year, the tax incentives offered that attract big business and the 5 and 10 year job and population growth projections, Franklin and Delaware County are two of the best places to invest in the country some say.  

(inspection, meter etc for electricity, gas, water) I can't believe 5 months delay for this project when we were told it's 6 months' renovation.

As long as there is somewhere else they can park, I can't imagine it being a problem - unless this project was going to last for months.