This being said, that would justify only a reasonable price increase caused by the cost of materials.

Fees should be clearly stated in writing, easy to understand, and justifiable.

Call Cape Coral zoning directly to get their rules and restrictions.

The last thing you want to do is put a deal in a contract pay money for inspection and get an appraisal when you could have just ruled it out from the start with that.

I'm a licenced Broker and I also handle project management for flippers, contractors, etc.FEMA 50% Rule: ALL of the homes that exist in a Flood Zone have a 50% limit on work that can be done to repair them without bringing them into compliance with current flood standards.

Its simple arithrimetic but often there is an angle and no prop is the same.  6)  good beginner rule I use for myself is that for a buy and hold multi - if it needs more than 10k of work its probably not a great FIRST investment.  

Our focus is on cash-flowing properties, particularly multifamily properties that meet the 1% rule.

Asking in the correct forum will get a better response.Read the RULES!

(no waiting period to simply refi what is owed) DSCR programs are not purchased by Fannie/Freddie so they can set their own rules and some have a waiting period as short as 3 months. 

My view was that with 8 units it wasn't necessary or didn't justify a cost, but I don't know what I don't know here.