Our plan is to rehab 1 duplex and have ready to rent in 60 days or less (we are a class A contractor).  

The title will be transferred to me and the current loan and insurance will stay in his name.  

What would the estimate if I don't take contractors help and instead do it my self

Also, if anyone has any recommendations on contractors who could do the work in Austin would be great too.

When a Federally insured lending institution does not want to lend in a certain area they can not come out and say that they won't lend in that area, because that's redlining.  

All have tenants with a total of $2635 per month income, this will go down with resumed tax and insurance payments.

Pen Federal Credit Union which is listed on the site, they turned me down because they couldn't escrow/taxes/insurance on a HELOC loan and it has to have a 1st lien on it.  

Currently looking for an exceptional General Contractor to work with.

Keith -  MegaCorporations that are health insurers/hospital/family practice/everythings that gobble up a city and literally buy up all the doctors, change the insurance rules to screw everyone but themselves, and the paperwork...don't get me started.  

Always remember to do the math analysis on the prospective property and try to look at the subject property before you make an offer or at least have a clause that allows you the time (about 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that hurts you.Right after you close get an insurance policy that will protect you if there is a loss.