Is that what you feel is the minimum rehab budget required to get $425 a month?

The document tells you everything you need to know such as the association budget, Profit and Loss, monthly fee for your unit, any special assessment as well as any restriction on leasing.

Total loan is the sum of purchase price, closing costs, rehab budget, loan fee (~5%), and 6 months interest (as I understand it).

I spoke with the gas company and they said that either one of the tenants could have bumped/hit the gas meter or a large truck could have driven down the street and activated it.

Is that U-haul the dumping truck?

For example, had some hardscape installed (walkway, drainage control) that is nice but wasn't in the budget, probably contributed to 10% of rehab cost.  2.

Does anyone have a suggestion on the amount I should budget to complete a project like this, Kitchen, per bathroom, Siding etc...

And are factoring in a maintenance reserve into your budget?

In addition to reviewing the CCRs for rental restrictions, ask to see the HOA budget.

Invest in direct mail marketing with a month budget of $350.