Also depending on the type of property they may consider income from that property as well.

The 3% down is income dependent...but there are some areas that have no income restrictions and that would be based on the address of the home. 

There are a couple of other ways to skin that cat depending on the situation and amounts. 

Hi all,Pretty vague question, and I know it depends on an individuals specific goals... but I am curious to see what kind of responses this may get. 100k is not a lot of cash in Southern California.

The security instrument (mortgage or trust deed, depending on what is used in your state) is what is recorded and that is what secures the loan to the property.

Straight refinishing depends on total SF as well but they price on the SF.If there are pieces that need patching/fixing then you are better getting someone to quote everything. 

@Jimmy Dudley  its sort of depends on where you live and closing customs.for instance on the west coast there is no such thing as a wet closing.. or having all parties come to the closing table.. simply never happens.so when we sell something here I usually go in and sign ( if I want to I can also just have them e mail docs and I sign and they send a courier to my office.. )this is done 2 to 10 days before closing.. then the buyers come in the 3 days before usually because they have their 3 day right of recession ( owner occ mortgages)  then the loan package goes back to the lender.. then the title company has to record in the morning.. and has to send recording numbers to the lender then the lender funds.. then the next day once this is done title company will cut checks or wire proceeds.. for us 100% wires we never get checks.. its always kind of comical when I am sitting in my office in Oregon closing a deal in some east coast state and the closing attorney sends me an email with the time of the closing and wants to know if that time is good for me like I am really going to be there..

I am confident that through airbnb I could bring in between $1000 to 1500 a month depending on how aggressively I work at it.  

It all depends on how much you want to spend, might not make sense for just one property.

A drive by depending on area and timeline for external pics could be 50 to 100 dollars.