However, that was a fluke.Warranty companies are in the business of making money.

The market has been growing in terms of population, jobs and, major companies moving here like Intel, Google, Meta, etc. 

Utilize any hospitals and insurance companies that are willing to take your call.

When you finance through national lenders, in your experience, is a balloon a common requirement for commercial loans of this nature or is it possible to get a fixed rate for 30 years?  

With our structure, the development company owns about 45% of the equity when complete, and I own 50% of our company.So it will be about 22%

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

Many claim they do not charge a markup, but then aren't transparent with invoices, etc. 1) If a PMC charges $x hourly, their markup is built into that hourly rate as they are NOT paying their workers that hourly rate.2) Many PMC's send you ONLY their invoice, or from their wholly owned maintenance company, not the underlying invoices from Home Depot and contractors.

You will have to verify those yourselves to ensure you end up with correct operating expenses.Quote from @Andrew Newcomb: Just following up on this in case anyone is still following:I learned about "cap rate" and "cash on cash" metrics in the BP learning articles and watched a couple vids on the BP rental calculator showing how it calcs those metrics for a prop (you have to add the details like loan info, expenses, etc). very cool tool.

That being said, I had to translate a lot of documents on my own for the loan process, so there was more effort involved.

I think I'll have to wait 2-3 years to pay for the renovation unless I take out a loan for the shower renovation.