@Jaron Walling never mind you said take home pay I missed the take home part carry on my bad.

Then with closing and carrying costs and how long that rehab would take with permits and contractors, I do not think this is a good deal.

I do require them to carry renters insurance, AND I require them to name us as additional insured.  

In addition he has been charging ongoing management fees and as part of the agreement will collect 25% of the profit over 8% annual return as a carried interest holder.

To have your GC fully finance your first deal and take you under his wing is worth its weight in gold.

The servicer is aware of all of this, but since I continued in the load modification "process",  AND they have not approved or denied the modification, we just carry on.Yes, it's unbelievable -  all I wanted was a loan modification. 

Investing through a fund may require you to suspend the losses(if there is a loss) and carry it forward.

There is no middle ground that makes sense.Option #1: replace hardware, get rid of the gold, replace the towel bar (is that red??)

I've connected with Gold Coast Bank and Blueleaf Lending but they both typically max out at 75% LTV. 

Carry on