If you were forced to sell this property a year from now 100% renovated is the most likely buyer another investor?

I saw you mention Chicago above which is the area we renovate and invest! 

@Orlando Kell In that case one of my other favorite books outside of Jscotts that I recommend is What Your Contractor Can't Tell You: The Essential Guide to Building and Renovating

Preferably since we are younger sponsors we initially avoid high octane bridge loans, instead vying for capitalizing renovations with equity and a 5-yr fixed rate loan.

There is a lot more going on when renovating houses then it appears. 

Here’s the background:Background:Property Ownership: In October 2021, my grandmother purchased a property in cash for both my aunt and me, and she also paid for all the repairs and renovations, which were completed in the summer of 2022.

Quote from @Brody Veilleux: If I get a conventional mortgage on a BRRRR, and get a HML renovation loan.

Buy good properties in good neighborhoods and after 3-5 years of rent growth you will hit 1% I get as many as I want with 2% rule fully renovated properly, 

Even if it has some renovations we can work with that if it’s in the neighborhood we want.

After minor renovations to enhance its appeal, it has consistently performed well on the short-term rental market, particularly on Airbnb, where it maintains a high 90% occupancy rate.