That will be added to Sally's purchase price for a total due of $3,720. 

I'm looking into HVAC options and will be adding AC as well.

It could be adding an extra bedroom, parking space, or kitchen where you can maximize the potential rent of the property.

Will be adding that in for sure.. 

We will be adding a new kitchen and furnace and flooring.

We will be adding a new kitchen and furnace and flooring.

If someone is actually doing a BRRR in Jacksonville I would actually love to see it because I just don't see how it can be done without spending a ton on direct marketing costs and then those costs should be added and I'd be curious if it's still an actual BRRR.

(We personally do portfolio and single property loans and will be adding a HELOC product soon!)

Hi Jason, For conventional loans concerning rental properties reported on your PERSONAL tax returns, underwriters will calculate your net rental income based on your Schedule E from your most recent tax return (using Fannie Mae form 1038), depreciation and depletion can be added back in to offset the expenses of the property.  

You can call one of them and ask for a cost per square foot for install of the floor you picked out. jay’s book is awesome but it’s pretty general so you may need to be adding to it for your specific market.