Eliminate debt, establish a budget, and save.

And if you have to stay low on the budget, a fridge and a microwave might be enough.But lets say you could add the shower and put a fridge and microwave down there and get 100 a night? 

You'll need to be very careful with your renovation budget and timeline.Your renovation estimate of $120k-$150k seems reasonable for adding a bathroom, redoing the kitchen and existing bathroom, closing in the garage port, and doing cosmetic updates.

.- Valuation Improvement: Allowing time for property valuations to improve as interest rates drop.Budget ConsiderationsIt's crucial to budget adequately to navigate projects to a safe point, typically requiring an 18-24 month budget.

At this point, they establish the total town budget.  

Interested to see others experience as I know price ranges and rehab budgets control quite a bit of this.

Jeff's first fix-and-flip presented a learning curve, but the experience highlighted the importance of proper budgeting and project management.

Hi Zach,The best time to reach out to a lender is when you've gotten the rehab budget quoted by a GC and either have submitted your offer on the property or just received the purchase contract.

My other Revenue Stream is by selling the property as a venue for weddings, inclusive of all the rooms. 

According to Opendorse:The collegiate NIL market is projected to grow by more than 40% this year, with an overall estimated market spend of $1.67BThe collegiate NIL market is projected to eclipse the $2B mark in tandem with the highly anticipated revenue sharing slated for the 2025 academic yearIn the commercial segment, Women’s Basketball is in the number two spot for total compensation, second only behind FootballBy 2025, Top 25 NCAA DI quarterbacks can expect to net more than $1.3M annuallywhen factoring Scholarships & Benefits, Commercial NIL, Collective NIL, and Revenue Share paymentsCompetitive collective budgets within Power 4 conference are up 50% YoY, amassing to a war chest of $13.9MWhat schools have the top NIL Budgets?