We have others where a tenant provides machines and either leaves them or takes them and they do not belong to the units and we bear no responsibility towards them.In your case if the current tenant wants a working washer and dryer she should provide them-you said you would not replace them.

I have a job for working for Google Fiber and am currently saving as much as I can so I will at least be able to cover any vacancies and some of the renovations.

Here is what is good: in Colorado they pay 9 points above the current US Federal Discount Rate (which is 5.5% right now) - so that would be an interest rate of 14%+.

The best deals will always be off-market, especially with current market conditions.

With current rents and purchase price, it has a cap rate of 8%.

So here is my Idea, maybe someone can tell me if it is a good one, or not.I have a MTG on my current home, we have approx 40k in equity.

This means lower returns, of course, but we're not currently prepared to oversee a major reno from afar.

I have a few seller finance deals that I am currently rehabing and was wondering if anyone had any creative ideas of pulling the renovation money out while still keeping the seller financing loan since they are 0-3% in place. 

@Marcus Auerbach and Jason , I found this data to be very useful and intriguing.I checked the spread between Income, Fannie Mae Loan Limit and , ZHI Median.Area income: Fannie Mae 1 Unit Dwelling Confirming Loan Limit: ratio$158k->$1,150,000:7.27x (my zip code in CA)$100k->$766,550:7.66 ( zip code 53209 in Milwaukee)so these are expected but lets deep dive:ZHI ratiozip codeArea income:ZHI Median: ratio ZHI to income,current spread ofCAzip:$158k:$791k: ratio: 5.0x : 0.68% !

Hey Angelo, I would suggest reaching out to some investor friendly lenders to see what loan options you have available for your current situation.