Hey @Brad Roche - We do a significant amount of renovation loans (both Fannie May & FHA) here in Chicago and prefer the Homestyle loan only because it's less stringent on the borrow about what they have to repair, and they provide the general contractor a material draw at closing which helps the project start on the right foot.I thought the minimum down payment was 5%.

I would also add, a contractor that you can buy materials for and they know how to put them in with little to know direction (reduces the management time of the project).

When you add purchase price, carrying costs for at least 6 months, materials, labor, real estate agents costs and taxes, do you have at least a projected 10% profit?

I'm debating sponsoring other areas to hang my material up.What ways do you like to promote your business?

With the fires, labor and materials are going to be in short supply.

Insurance companies are taking a close look at building materials, quality, and updates. 

If you're subject to the Alternative Minimum Tax (AMT), these deductions may be limited.

Alternatively, I have spent the last decade doing technical work in cybersecurity, and can land a job between $140k-$190k (depending on where in the US). 

Most material pricing, especially lumbar has come down tremendously from the chart he is using to show the increase.

Or of any alternative strategies to make this work?