There are many lenders in this forum that will finance the whole rehab, and 80% of the purchase price.Now what about the remaining 20%, if you don’t have the capital your best bet is to partner with an investor and the share that you will provide is your labor.

If you’re planning to invest out of state, the market itself matters, but your success is going to hinge much more on the team you choose.

If you were to view your forms from TT, I’m betting they put the deduction on the schedule C form.I just finished a 2.5 hour conversation with the tax law department of the irs.

Hey Mike,Given it’s a non-warrantable condo and an asset-depletion loan, your best bet is to check with portfolio lenders or local credit unions  big banks usually won’t touch those.

So, I do agree with hedging your bets and serving a notice to pay or quit.The issue with them not paying rent and you using the security deposit is that they have zero incentive to clean the unit and if they damage it, you have no additional funds.If it were me, I'd serve them an eviction notice and then mark them as owing on a credit reporting site(I use Front Lobby).

You haven’t been hurt, and I bet you have real issues to focus on.

I bet when you do that they will be willing to renegotiate and/or be more forthcoming.

Nope, I wouldn't take that bet, :-) 

Columbus, Ohio is definitely one of the strongest bets — its metro population is well over 500K, median home prices are still around $300K, and the market has a strong mix of rental demand, positive cash flow potential, and long-term appreciation.

I bet you have solid trades contacts in your local area.