I'll probably just do a conventional or standard FHA loan and do the rehab myself for my first property.

I'm always extra cautious from any lender online, due diligence is important...Originally posted by @Jay Hinrichs:that sounds too good to be true frankly.. caution unless this is a personal friend or family member if its a private lender you met on line.. good chance you will lose any up front money you give them too good to be true terms from on line lenders or someone posting on facebook linkdin  or BP  ( on BP they will send you a PM)many times are fake.. and just want your up front fee and as much as they can squeeze out of you.usually they need 500 up front or something like that for an app fee.. they string you along and then right before closing all of  a sudden they need a grand or two.. then you send that in then they say there is a problem with the file we cant close sorry bout that. and you have formally been scammed. 

The start paying on time or they get evicted.Don't wait too long to start the eviction.Also in SC it only costs me $40 to file an eviction so it doesn't break the bank.

I know 6% is standard, less if one can negotiate.

If your standard of living requires spending 750k to 850k on your next house, then stay and get a heloc to use that equity for investing. 

For flipping, the 70% rule is a good standard.

Construction should be about 5-6 months for a standard basic buildout.

@Steven Dreyer you can also start to think about your property standards.

If I'm using the standard mileage rate for 2017, can I also claim my business use percentage for my auto loan interest? 

The most current pay standards for Birmingham are located on the website for the Housing Authority.