Turns out that there are 2 garbage collection companies I can choose and I hadn't chosen one yet since the contractor has their own way of dumping.So far, I'm about $32k out of pocket and most of the remaining expenses ought to come out of the renovation escrow (held by 212 Loans).

A lot of buyers don't have the financial strength to obtain a mortgage; so, sellers and their agents get skittish.And the market is hot; so, sellers are getting all cash offers...or, at a minimum, offers from pre-approved buyers.Your DTI can be positively or negatively impacted by the positive or negative cash flow from the acquired property (rents less expenses and mortgage payment). 

Didn't finance the rehab, did most of the work ourselves nights & weekends, used conventional financing (expensive @ 25% down).  

It's a cost basis appraisal and valuation with pro-forma income and expenses based on current market rates etc. 

City does, I found out the expensive way.

Once you find out which zones allow medical or not (and some will allow it only through a Conditional Use Permit so it adds a little bit of cost and time but opens up more areas) then you can focus on what areas you want to start looking to purchase land.As for costs, medical is very expensive.

It also creates some additional costs (setup, maintenance, tax reporting) and will limit your financing availability (more expensive commercial loans).Depending of your threat level and the amount of asset that you are protecting it may be worth the cost.

lots more info needed: what are the expenses, what is your cash flow?

The borrowed money is account for in the other expenses- 100 for landscaping and 180 for the 10% borrower payment (30yrs at 6%).

Maybe it's because I'm in Maryland near Annapolis and everything is expensive in this area.Thank you