Waived inspection because I'm super smart (sarcasm) but closed the deal and have a 3 Unit 4100 Square foot home for $330,000 conventional financing with 25% down.

@James PhanI’m pretty sure, if the property is in Las Vegas you won’t be able to put it on Airbnb unless you live in the property (and rent out rooms) and there are no others within 600 feet.

It's where people are most likely barefoot and it will be warmer on their feet, they don't wear shoes as much so it doesn't get as dirty or wear as quickly, and it can buffer noise to the downstairs area.

Purchase price: $225,000 Cash invested: $60,000 Sale price: $391,000This was a risky flip as there wasn't many comps in the area however we highly relied on the COVID market at the time and the fact that the property was the only five bedroom 3 bathroom home close to 3000 square feet in the area.

So if you're looking to get your feet wet, it would be best to make your mistakes on a smaller scale. 

I read that using  x dollars per square foot is a good metric depending on how much work the property needed but the numbers were outdated.

We intend to add an additional master suite to increase square footage and ROI as a STR.

The upstairs of the space is unrented and plans were drawn and approved to create five 500 square foot loft apartments.

If you sign up for a free login then you can see what the dwelling unit/lot square footage is.

For example, I got a reasonable quote of $2.5k for the floor plan, site plan, elevation plan, framing plan, roof plan & electrical plan on a flip project in Dallas which included adding an additional 200 square feet.