. $45k from several unexpected large repairs (water leaks, roof collapse, siding rot, plumbing main line, etc.)These issues are also causing me to rethink the assumptions in my model, increasing my vacancy rate from 8% to 12%, repairs from 5% to 20%, and capex from 5% to 20%.

We do often get asked for referrals for designer and also to know make and model of mattresses.

The fact that IR's accelerated outside of the worst case scenario models, even outside of a 2 SD, didn't have anything to do with it nor the fact that the local jurisdiction decided to extend the covid moratorium for an extra year resulting in no rent collection for a large portion of the MF property, was certainly factors not considered when applying basic math to the forecasting. 

I'm a business owner...always busy...and need quicker straight to the point help ...and at same time understand your a business owner with business model as well to develop your course.  

New Construction Project - The Oasis Model What made you interested in investing in this type of deal?

I don't know them personally but I know the business model.

Longhorn Investments offers 100% purchase and rehab financing (total loan amount up to 75% ARV) and has been doing so on this model for years.

I am paying him 1 million to build all those houses.. but keep in mind I do all the accounting and pay all the subs directly he acts more as a site supervisor .. but he also has a stellar reputation so we get a lot of milage when we say its a XXXX built home can put a price on that.However i have used this same model in Charleston SC for 600 to 2.5 mil homes ( built 40 homes) cant buy lots there anymore that make sense...

Additionally, and obviously, you will make less potential profits.To the OP: You will not be able to "grow" your portfolio at any substantial pace with this model.

This will drive how much you can borrow.Consider More Modest Options FirstWith $200k in investments to deploy, look at starting with 1-2 short-term rental properties first to gain experience before scaling up.Explore markets closer to your mom's current location that may have lower costs but still tourism appeal.This allows you to validate the model and your ability to operate short-term rentals successfully before risking more capital.The short-term rental concept could potentially work, but I would recommend starting with a smaller, very well-researched first step to validate the model before going all-in on a larger endeavor.