I don’t remember the addresses, but one was a 100 year old duplex with major structural issues surrounding a central stairwell and the other was a 1950’s build with a block wall tuck under garage that was beginning to shift, causing issues throughout the house.

My concern is whether it is common for banks to have clauses in a HELOC product that will allow them to stop the draw period at any time due to discontent in dropping housing values. 

Other loan products such as USDA have those requirements. 

One of my investment friends didn't have the main plumbing lines check during due-diligence and later found a major issue, it cost 40k to fix.

We have been using an adhesive product from lowes called musclebound instead of thinset.

It is possible to purchase a “fixer upper” home but the issues cannot be major.

Those are only niche products within Fannie and Freddie guides.

The properties have a major negative cash flow after attributing a return on the cash and have turned the properties into a liability.I would sell asap before you lose any more money.

My partner who has the majority of the money is flaking.

Since we just finished a 2-bedroom apartment rehab in central Connecticut I figured I would post some pictures of the finished product as well as some details on the products we used for paint and flooring.This apartment is located in a lower B class neighborhood that will attract solid qualified tenants and the apartment rehab and the materials used reflects that.