Quote from @Timothy Franklin: @Trevor FinnI would agree with your breakdown, but why overlook a potential to run the 91k subject-to with a targeted 6 month hold for flip or 18 month refinance?

Set a clear budget, research properties carefully, and keep growth potential in mind as you plan.Good luck!

With the exception of 1 bedroom units, you basically have 2 options:-Oversized/commercial machines (potentially multiple sets)-Off site cleaning with clean spares on siteThe latter is almost always the most efficient and basically what hotels do at scale.

It takes time to develop trust and credibility with potential investors, so don't wait until the last minute.

Perhaps you could post again now to clear this up for all of the potential and current investors?

Educate the land owner on the potential profit run the numbers and go over the basic proxy and blue prints.Make sure you have a seasoned and qualified Builder/GC because they can be a deal killer with wasted time and inflated material and extended completion dates.

However, this comes with more risk, as you’ll have less initial cash flow and will need to manage potential vacancies or repairs.

Operationally, we're working in tandem with our legal teams and servicers to address a potentially large amount of defaults on our loans from this pandemic.

The renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.

Research comps in the Milwaukee area or connect with a local appraiser to estimate your property’s potential value.Depending on the rental income, you might explore DSCR loans for your refinance, as they rely on property performance more than personal income.