They can also help you with cash flow forecasting. 

This scenario played out with a lot of my family who moved to Florida and wanted to come back because of the fear of future weather disasters and other issues.

Hansen started making excuses about the weather being too cold to work on the exterior, and technical issues with his phone and iPad so pictures could not be sent until later that night.

I think for him the 10 months might include land use and permitting.. just guessing of course our build time for this product here in Oregon with all our weather is 5 to 6 months.. its really organizing the cats you know sub trades ... but we have a snow day or an ice day and that just plays havoc with the scheduling.

So essentially, our own proforma.For capex: we put eyes on the property, assess condition and add budget to interiors in order to get it to where we will get the rents we forecasted in our proforma above. 

Miss the mountains and snowboarding (not the weather!).

So the developer has to have VERY DEEP pockets to weather the cycles.

The longer it sits the more damage will be done by mold, bugs, weather to the property and most likely resulting in a loss in value.

As to your client’s deal, if his forecast is predicting a 50% return over two years it’s very likely that either something was missed or the assumptions are overly aggressive.

Thanks for lookingTo start I personally have ten years in the construction industry, so my initial plan is to do all the rehabbing in house buy purchasing REO and flipping them with my own laborers, now obviously I would need to speak to a CPA to see how I could structure something like this, weather I keep my GC business and pay out my business as a GC or keep it all together under the flipping side of the business.After I have weathered the battle of flipping several REO and have built substantial working capitol, id like to move into the buy and hold side of the business, continuing to purchase depressed properties and flip to rent.