Is it an indication that the rent is too low?

After the HELOC, the CLTV will be around 83%.Would appreciate suggestions from experience BPers to lenders who would be able to do this at low rates and possibly lower costsThanks in advance

@Caleb Heimsoth  as Bob noted, there are people who will paint for $175/day but availability might be a big issue and it also depends on what quality you're looking for (e g does it matter to you that the old paint bleeds thru in a couple of spots)if you figure around $1.05-$1.10/sq ft (of wall space, not just floor space) that will put you on the low end of retail, will give you a decent quality job but won't include wall repair or baseboards/trimdry locking the basement should be around the same price but that stuff has a pretty overwhelming odor so you might get contractors saying they either don't do it or want a premium....get yourself a quart and open it up if you don't know what I mean....I've got a painter and other contractor referrals.....most will work anywhere on the west side. 

If I am understanding correctly I have essentially three options:Use remaining tier 2 entitlement and pay 25% on the differenceUse remaining tier 2 entitlement and get a conventional on the differenceUse FHA loan or low down conventional to begin with

If so, there have been a number of posts about the low budget brokerages.

Renters have stable longer term jobs and have had a good history, though not excellent credit (around low 6s) but no judgments. 

I can't speak for others but I'm after the low hanging fruit that's ripe for the picking.

My question is whether people will rent the place given the low vacancy rate in Spokane. 

If I wait until I'm ready to but I will not be paying interest on money that is just sitting there but at that time the market will be low and I won't be able to pull out as much money.

Taxes look extremely low at that price.