I did this prior to my R2R purchase to ensure my numbers were in the same range as R2R's projections.

I’ve been working with real estate investors for many years, and I’d love to hear more about your goals.

Most hard money lenders require 10-20% down payment of the purchase price or total project cost.Holding Costs During Rehab: Yes, you'll need to cover carrying costs, including hard money interest, utilities, taxes, and insurance.

Typical renovations include:Cosmetic Updates: Painting, flooring, kitchen and bathroom upgrades, and landscaping.Structural Repairs: Fixing any underlying issues such as foundation repairs, plumbing, or electrical updates.Efficiency Improvements: Adding energy-efficient windows, new HVAC systems, and better insulation to increase the property's overall value.The goal of the rehab phase is to increase the property’s market value while making it an attractive place for tenants.

You'll have to run them yourself according to your goals, timeline, and financial situation. 

This approach balances tax efficiency, financing goals, and family considerations effectively.This post does not create a CPA-Client relationship.

See the illustration below (click to enlarge).Goals“If you don’t know where you are going, you might wind up someplace else.”

Beyond the lessons from the projects themselves, building a business that’s efficient, diversified, and focused on the luxury market has been a game-changer.

This means that when the DST sells, the goal is to return 100% of principle.

@Yaroslav Shtogun assuming this is something you can tackle yourself and with your network doing the full deal would be an awesome project for you!