I am an investor and realtor here in Madison as well.

I am a licensed agent in Kansas and Missouri as well as looking for my first investment.

Addressing community concerns upfront isn’t just a requirement, it’s a smart move for standing out with well-received projects.

However, the 0% interest only lasts for about 12-15 months but definitely more than enough time to complete the brrrr cycle twice or maybe three times in your case since you're a contractor as well!

The question is will you benefit.If you already paid for the study, you might as well apply it to to the return.The next question is whether your accountant is properly applying it.You may want to consider working with a CPA who specializes in real estate taxation.

North port is a great growing market, and I would expect that you will do very well on your first property. 

There are also 2nd mortgage options as well. 

Lenders or investors who have short lock up periods but have years of experience feeding their business with new capital would give me more comfort but anyone who is just starting and is promising a rate of return or return of capital in a set period of time would be alarming because they very well could be reliant on fresh capital to make good on that promise and that usually ends poorly.

From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

@Carlos C.Mark Kohler is well respected in the industry.