Additionally, I initiated a transformative build-out of the lower level to include the third location of Arbol Eatery, a wellness and fitness center, and an event space.

Additionally, I initiated a transformative build-out of the lower level to include the third location of Arbol Eatery, a wellness and fitness center, and an event space.

Additionally, I initiated a transformative build-out of the lower level to include the third location of Arbol Eatery, a wellness and fitness center, and an event space.

The property is generating rental income from tenants after initial cosmetic repairs, providing cash flow while I work on plans for the ADU and broader development.

So I initially contacted him thru email. 

Here are my answers to your questions. 1) Initially we were wanting to make the basement a separate STR.

The IRR is assuming there was an initial investment amount, some cash flow each year, and then a sale of the property in the year indicated.Traditional SFR rental using 20% downBRRRR using 75% LTV loanObservations:1.

Initial set up was pretty easy.

You might be able to manage without a CPA initially.

The home was initially purchased by Seattle company Northlake Capital & Development, owned by James Thorpe.