-The 2nd mortgage is note to the investor(s) that would be on a 10 year note for the DP-I can handle the financial risk the bank wants by securing against one of my current properties-I'm not too crazy about these ROI's. 

You want to make sure the #s make sense from day 1 so that if the property appreciates its just an added bonus and if it depreciates, you're still good with the #s you originally had at acquisition.2.

@Mike S. , Refinancing makes it more complicated compared to HELOC.

Just wanted some other eyes on it, seems like all the #'s are great but I currently only have SFH's no multi's and those SFH's have been more BRRR than this would be with multiple exit strategies.My SFH's i do 10% for Maint/Capex i upped it to 15% and i do 5% vacancy that I increased to 7%.  

My question(s) for you are:- What were (if any) drawbacks on renovating this particular style of house?

I don't have any other #'s to compare their companies offerings to. 

By Oct or Nov the names and parcel #s going up for 3yr back taxes are posted for the December auction.I would send a generic postcard to the ones that actually had improvements on it that appeared to have equity. 

Purchase price: $185,000 Cash invested: $37,000 Sale price: $259,900 This home was built in the 1950's located minutes from downtown Nashville.

@Thomas S.

Hello, I'm looking at a duplex that was built in the 1890's.