A lease is drawn up for 12 months with 1 12 month extension.2.

When we go back and do the rest, the cost per sq foot will come down as a living/dining room and two bedroom will not be that expensive.We are completing a deep retrofit of a student house this summer - the current project phase includes re-wiring of the entire house, new HVAC system, and turning an unfinished basement into 2-bdrms, common rm, bathroom, and laundry area {included in this is levelling the existing slab, moving a wall on the main floor, removing a chimney, new egress windows and window wells, and installing a new staircase}.

A few years ago I bought my first home in Houston,TX, did some extensive remodeling, and have been renting it for the last two years.

Built in 1950, the 1,830 square-foot house has four bedrooms, one and a half bathrooms, a recently-updated kitchen, a garage and an unfinished basement.

I didn't feel comfortable using the per square foot method of determining the value.Also the rehab was looking much more extensive than expected.

It was a home that was flooded during Hurricane Isaac and has extensive damage and mold throughout the home.

I operate extensively in the Indianapolis market and just returned from there.

Through principal forgiveness or through rate reduction or through amortization extension?

Well after extensive hours I have found a house that I can flip. 3 bed bungalow with a tenant in the basement.

Subsequently, this deal fell through as it is vacant and needs extensive rehab.