In the process of finishing, I came across a deal for an 8 unit apartment building for under 350k.

When they get back to my places they just want to drink beer, cook dinner, and go to bed.

If you don't have a lender yet and you need one, line that up as well, preferably somebody who can move quickly and give you a loan terms sheet on a property in a timely manner.It could be argued that this is an odd time to flip a house but conversely, not a lot of people have rehabs going right now, so if you get started and finish when things start returning to normal you will be one of the only available options.

Dear BP family,Is there a way I can find out what's considered finished, semi-finished and unfinished basement for appraisal?

Searching comparable apartments will give you an idea of what finishes would be appropriate to use.

Last resort - if they stop paying you may have to implement, "Cash-for-keys" - an expedited way to get them to move out without waiting for cook county sheriff to arrive/courts to open 6-12 months - GIVE THEM MONEY for a moving truck.

@Bryan Holland you are calculating somewhat right but as you know the job is not finished.

And you aren't on the clock, racing against time to finish and get it listed or rented. 

As we learned of new opportunities and finished school we where drawn to other areas.

As we learned of new opportunities and finished school we where drawn to other areas.