The process from start to finish would take four months and cost ~200k to build, with comps in the area around 355k-lender man said, refinancing would take six months as most lenders wont refinance a property unless its been built for six months, affecting the strategy to get paid out from refinancing quicker and closing out on construction loan-The property would not appraise at comps value, but at the cost it took to build, affecting getting paid out from the refinance.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Rentrange costs the manager to run each report, so as long as you do not abuse it or send the PM 30 properties I would help you.

However, in California, each LLC incurs an $800 annual franchise tax plus gross receipts fees if revenue exceeds $250,000, and property insurance may cost more.

They cost slightly more than the normal permitting process, but I usually have permits in hand in a week or less.My GC is has some experience on Coronado, if you would like I can connect you, so you can get his opinion as well.

.: Cost of risk scenario. 

But in reality, holding on too tightly limits growth, causes burnout, and actually costs you money.Why Letting Go Helps Your Bottom Line✅ Frees Up Your Time – Instead of handling every single tenant issue, you can focus on strategy, acquisitions, and big-picture decisions.✅ Allows Specialists to Do Their Jobs – A leasing agent will lease faster than an investor juggling 10 different tasks.

It costs money to own and operate real estate which is why you need a primary source of income. 

And that depends on how you view the costs. 

And that can cost you time and money.