And the laws and regulations here are very different, not very strict like the states.Prices are high and rents are low over here.

I went to 35-40+ different markets a year each year from 2014-2016 to scope out places to lend privately.

My recommendation would be different if you were a high-income earner or if you wanted steady equity growth.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

The biggest question you need to ask yourself is if you are doing this to afford a property you otherwise couldn’t afford or to save money period, that will lead to very different conclusions about where/if to buy. 

.- Standardized Renovation Models: Establishing a clear scope of work for different property types can help manage costs and reduce unnecessary decisions.

Sometimes, different lenders have different approaches to rental income calculations!

Lenders can have different loan options based on the property type and the amount of rehab (if any) required for the project. 

(The picture is of a different project) 

I am thinking construction loan, but how to pay for it while the construction is going on is a different story.