Sorry, I miss read the post.

What is the purchase price?

One more tip – people remember stories that trigger their emotions.

You can read the full details here (https://www.bls.gov/news.release/pdf/empsit.pdf), but let me summarize what it says and why you should care about this specific release.1.

What am I doing wrong?

@Trevor WilcoxI am curious as to what company/broker is working on this with you now.  

The easiest way to think of the draws is like a reimbursement where after you complete work on the property, the lender sends out an inspector to confirm that work has been completed then gives you funds according to what has been done.You should be using a lender for the purchase as well since purchase and rehabs offer the highest % of purchase price.

What is the unit count here?

What will your need for reserves be generally, and for each property?

In other words, will my line of credit be limited by the old furnace by more than what a new one might cost?