Monthly Expenses = $2800 Per Month: Current Management Team = $1000.00Insurance = $224.00Real Estate Taxes = $92.00Fiber Optic High Speed Internet = $89.00Cable TV = $52.00Trash Dumpster = $55.00Sewer / Water = $186.00Natural Gas (average) = $142.00Electric = $327.00Housekeeping = $270.00Ongoing supplies = $230.00Maintenance = $133.00Total RenovationThe renovation started in 2011 and was completed 2016 with entire complex being gutted to the studs, then completely rebuilt fully furnished inside and out to new standards, as follows: 26 gauge top of the line triple epoxy coated metal roof26 gauge top of the line triple epoxy coated awning and patio coverSingle hung gas filled energy efficient EZ clean vinyl tip-out windows4 new natural gas water heatersAll new plumbing throughout entire complex/buildingOnly #1 Grade Premium lumber was used throughout entire renovationQuality Price Pfister plumbing fixtures and lifetime parts180 feet of new 4 inch sewer line from the building to the street tapNew premium exterior fiberglass dimensional Colonial style entry door with new door jams, aluminum thresholds, all new lock sets and peep holesCustom picture framed windows with decorative edging and exterior door trim to matchCommercial toilets: all new PEX plumbing, shut off valves, bullets, supply lines, hose bibs, angle stopsNew attic and wall insulation with vapor barrierUpgraded electrical, HE lighting, new fixtures, switches, outlets, breakers, energy efficient lighting, vapor lights, rope lighting and HE flood lightsCustom artistic signage (3) built by Management TeamNew drywall, texture and highest quality Valspar paint throughoutAll exterior wood was hand primed and hand paintedNew vinyl fencing for corner lotPremium Quality pillow top mattressesNew hand textured walls (office), ceiling and covered entryNew concrete sidewalks, kitchens, baths, showers stalls, toilets, vanities, cabinents, counter tops, sinks, refrigerators, microwaves, deep freezers, dryers, A/C units, flat screen TVsAll work has been documents and permitted

Area with desirable school district, 90% owner occupied, mid tier restaurants are in these areas, Apple bees, Fridays etc.

Some of the houses are pretty rough, but it seems like a lot of investors are flipping houses in that area now and a lot of restaurants are opening in that area as well. 

It may not flip them, but it could open doors that might have seemed painted shut before.

Probably not, lenders want to see that you have the income to pay your mortgage, so it may be time to start looking for your next job so that your time between jobs is minimized if you can't find something you like before your department is shut down.

I’ve definitely envisioned switching my day job to working acquisition for restaurants (maybe retail, but Amazon) which I’ve been in for 12 years.  

I tried to get an answer from HUD on this but was told they couldn't help me because of the government shut down.I would also like to add that my agent has been trying to get answers as to the same questions and she has found no one that can make any sense of it all either.Any help would be greatly appreciated.Thank you

. #1 - I have to simply put up or shut up when it comes to supplying the earnest money and cannot rely on lending institutions to front the cash.

The markets are A-/B+ neighborhoods with pretty good schools, low crime rates, easy access to trains to Philadelphia, lots of restaurants, and good walkability.  

LCA is quick to shut the water off to the home is the bill is not paid.