Low cost, possibly yes, but also possibly very time consuming and that has a cost.  

@Yamil NafRaising $160,000 for your short-term rental (STR) venture is a great goal, and there are several ways to structure the deal to minimize your upfront costs while attracting investors.

House hacking is a great way to build wealth while keeping your living costs low.

@Ben Syzek with $50k, you're probably looking at a property with a total cost (purchase price + reno) around $250k.

He's changing the terms of the agreement, and you can choose to accept it or reject it.I don't think it's fair to pass this cost onto the tenant just because you are unwilling to stand up to the contractor.

Tai lopez it appears has really costs Norada Capital immeasurable harm. 

Also, you didnt mention any financing costs, was this built with cash or do you roll that into your cost of construction?

Multiple people including myself have tried to caution him of the the true costs but he's been repeatedly dismissive and has made it clear we give him motivation and he wants to prove us all wrong (whatever that means). 

So if I do a good analysis of the property (including all the costs) and the property generates monthly CF with a DSCR above 1.1, I would be removing a big risk because the numbers add up.

I think its a scary feeling, like the cost of entry is too high.