It's all in his study of millionaires: https://www.ramseysolutions.com/retirement/the-national-stud...

I've been in multifamily brokerage for the past 10 years and study market trends every day. we do this floorplan in Columbus OHIO and just expanded to florida where there is a lot more interest as a owner's rep / deal facilitator.

I think it's cute that your 4.0 in a poetry class qualifies you for this project :)Here are a few of my thoughts:- I think this project is totally doable--many homeowners successfully build houses like this and they have much less experience than you. - I frequently see BP posters looking for "investor friendly" contractors for their flips.

I paid for a cost seg study on my only str property.

I don't have a degree, I don't study markets daily, and I certainly don't hob-knob with the elites that control what is controllable.

Be a DON'T WANT-ER - always be willing and ready to walk if you can't get a good deal - And understand that you can always come back to that seller later and begin Second Stage NegotiationsAsk the 7 wordsAlways consider a subject to offerAlways ask for seller financingUse the Study Period Clause with right of possession to control properties without cashOffer seller participation - this is a great way to close dealsOffer something other cash - a note secured by your other equities, an unsecured note, a Principal only mortgage (using this technique you can offer more for the building since you are not paying interest - and as you know a direct reduction mortgage will pay off much faster.

Be aware that not all of the companies have the qualifications to perform these studies.

@Paul Caputo how much to you charge for a Cost Seg study on a SFR? 

The most aggressive way to do this is with a cost segregation study, which lets you rapidly depreciate many parts of the home.

@Carlos Ptriawan thread summarization is actually a use case we studied, but haven't had a chance to really explore further.