A parlor was converted to a bedroom by making the entrance smaller and adding a door so I'm not sure what I will find behind that paneling, its probably not plaster and lath so I'll need to make the drywall portion blend seamlessly with the rest of the plaster wall.

This is a sufficient reason to deduct a portion of the security deposit to recover the unpaid rent."

This allows you to do a smaller down payment and, if done right, your tenant should cover a large portion of your mortgage.

Now there does appear to be a kind of loophole that hasn't been tested by any court cases yet, and it's where you rent the "whole house" to one long-term tenant and allow in the lease those tenants to sublease out a portion of their house.

Also on the rehab portion, I'm guessing with my skills at finding cheap material and appliances along with a builder that lives next door we can come way under rehab cost.

I was able to pull all of my cash out and then some during the refinance portion of this project.

There are several ways to cure but they will most likely require a real estate attorney - short of removing that portion of the house and drain. 

You should stress that rent is still due and you're able to help her come up with a plan to pay at least a portion of it.

I purchased David Greene's book, "Buy, Rehab, Rent, Refinance, Repeat", and I have a question regarding the refinance portion.

I plan on saving a significant portion of my income to use for my first deal in Summer 2021.