You might have a professional like an attorney, a CPA, or a tax consultant that can advise you on the best way to go.  

Good morning,I am buying a 3 bedroom/2 Bathroom 1500 SF townhouse in Brooklyn Park and I would like to get some advise/information on the following;What is the rental price rangeWhat is the tenant base and how long it takes to rentCan anyone recommend a general contractor, plumber, electrician.Thanks,

Please advise. 

It seems to me the cats are slowly but surely devaluing the whole place but like i said, this would be my first rental property so i need some advise.

I don't have $200,000 personally to rehab a place so I wanted to go the 203k route.I have gone through the process of getting pre-approved for a 203k and have been advised that I will have to do A LOT of leg work finding 203k approved contractors, and working with the consultant that will monitor the process from start to finish etc.I have decided to go 203k over FHA because I want my place to be damn near brand new so that I won't have to worry about roofs, water heaters etc. for the first few years.

They can even advise you how other successful agents do and their budget.

I would advise either doing a conventional 5-year fixed commercial loan with a 3-year prepayment penalty or a private money interest only loan for 3 years.

After the initial treatment, the exterminator advised having bi-monthly treatments to address both the bugs and the rodent issues that come along with the building being located between a corn field and a creek.

Good advise, honestly.

In speaking to my attorney, he advised that I contact my lender and inform them which I did and they refused.Sooo my solution is to renovate a unit (tenant moving out) and refinance to a commercial loan.