Delinquent real estate taxes (taxes past due by more than 60 days) can also be included in the new loan amount, but if they are, an escrow account must be established, subject to applicable law or regulation;paying off any outstanding subordinate mortgage liens of any age;taking equity out of the subject property that may be used for any purpose;financing a short-term refinance mortgage loan that combines a first mortgage and a non-purchase-money subordinate mortgage into a new first mortgage or a refinance of the short-term refinance loan within six months.The article author may have been referring to the Delayed Financing Exception:Delayed Financing ExceptionBorrowers who purchased the subject property within the past six months (measured from the date on which the property was purchased to the disbursement date of the new mortgage loan) are eligible for a cash-out refinance if all of the following requirements are met. […]The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan (subject to the maximum LTV/CLTV/HCLTV ratios for the cash-out transaction based on the current appraised value).

Be careful of contractors who start measuring walls.

It is a measure of what the market thinks the NOI is worth.  

I started pulling data at the probate courts for leads and never got around to mailing them.Like many people on this site, my ultimate goal is to have multiple rental units, but I think at this point in my life, I would really like an injection of cash... so wholesale deals are probably what I'm aiming for.I currently have a part time job with a real estate company and I'm noticing alot of brand new homes in Vienna and Arlington.  

We aim to have it rented out either Mid-February or by March 1st.** All of these deals met our buying criteria.

Once you have a clear goal and you know what deal exactley you are looking for you can aim for that and dont have to worry every time if its a good deal or not.

You could also aim lower and go for a duplex or triplex?

Also saying that they seem to be aimed towards long term buy and hold

Other landlords in my area aim for a pet fee of 10% of the monthly rent, which they usually get.

I aim to purchase and owner-occupy a 2-4 unit property by the end of the year.