Despite these aspects, it has consistently maintained full occupancy since its construction.My primary lender is quoting a required down payment of $75,000-$85,000 for a 25-year amortization.

I imagine the policy would have to be written as a commercial general liability with many endorsements to include all aspects, this would add up quickly but could be an option. 

If you can clearly define your buy box and be up front with any program you go with, then you should be ready to go!

Have you defined any of the nuances to your strategy of a long term rental?

Purchase price: $63,000 Cash invested: $180,000 Sale price: $325,000 I identified the investment, procured the lending, and worked as a project manager on this particular project overseeing all aspects of the project from start to finish.

I could fill this whole thing with hours of reading JUST discussing and detailing the EPA aspect for wetland delineations, what the various types are, what each means, what can and can not be mitigated and how-to. 

While management fees is not the only criteria, it is important aspect for my business and bottom line profits.- Based on the your posts about items to check on for PMC, I did read your reviews as well as got in touch with one of your existing client at the time.

The cost to convert this back to a duplex may not be worth it.Recommend DM us to better define and discuss your BuyBox, so we can find a better match:)

Quote from @Greg Kasmer: I'm curious as to your comment on getting back in when the bottom has been "somewhat defined" - Is that defined by rents stabilizing and/or increasing or another metric?

One of the most tenant friendly aspects of DC is it is illegal to use credit score to screen a tenant.