Will I only be able to mortgage the purchase price and costs, or will I be able to do a full cash out refinance and tap into some of the added equity of renovations?

If I have a direct booking outside of the cancellation period I and can get the house  rebooked, I will refund the cost of nights rebooked as a courtesy.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

However, a surprise occurred with title that drove up our acquisition cost to almost $120k.

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

Also, where can I buy low cost blinds that are decent quality? 

I'm sure Elite has complex T&Cs to protect themselves, but it costs you nothing to dispute the transaction.  

maybe a 4 way split easier to sell 25 acres for less money.. as long as survey cost dont run a ton.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

A total cost of 6.3Mn over 23 units equates to 274K/unit...this appears unbelievably low for San Diego...I'd want to see full development budget detailing hard, soft and financing costs as well as month by month projections showing construction and lease up cash flows.What's the 2.2Mn purchase price for?