It’s all about taking that first step!

They make money on every step of the process, and there's a lot of incentive for them to exaggerate what your returns will be.

You can sell on financial method because there is such short demand there is all but no comp's to use for comp method, and if selling as turn-key, yup, financial method will be your friend for sure. 

I ultimately obtained a variance to build 12 townhomes and 18 condos reliant on my hardship case and by agreeing to take responsibility for replacing the retaining wall in a re-designed terrace approach that stepped the wall back from the most immediate neighbors which was a rounding error once applied to the overall project budget.

It won't be perfect of course, but it will be a step up from the laissez faire system (or lack thereof) that we've been using in the past. 

It looks like you're taking the right steps by identifying a promising market.

Step 1.

@Elizabeth RossFor properties under 100k you will likely need to use the BRRR method as its difficult to get a 30Y loan on a properties valued under 100k.

Having mortgage software is a great step—making sure the loans are well-documented and attractive to investors will make the process smoother.

What steps do you take to protect furnishings in your MTR rental agreements?