That is what my wife and I did and now its a rental that generates a couple hundred in rent per month.

They're usually fine getting 2 draws throughout the construction project and it just costs me an additional few hundred dollars in fees.

I think I'm also dealing with a little bit of price shock as I'm used to looking at properties in the $100k range where I can rehab it (I do a lot of the work myself) and force equity into the property and then cashflow a few hundred dollars.

I feel like 2.5% is fair but don't want to ruffle any feathers over a few hundred dollars.

Learning from other investors' experiences can save you hundreds of thousands of dollars. 

I funded several dozen notes using my retirement funds and so hundreds of my clients.

Hi Linda - your services make a lot of sense for someone who is trying to go the MTR route, however if they are just now buying a house in today's dollars and rates, and setting it up as a MTR, it may be hard to substantiate a few thousand dollars to pay a third party to do the set-up after they just spend tens of thousands, or potentially hundreds of thousands on a house DP in Raleigh + furniture.I think the fundamentals work for someone who's owned it a while, has made great cash flow, and who has been thinking about converting from LTR to MTR, and just doesn't want the hassle of set-up and marketing but wants the returns.

The listing MUST be on the local MLS.There are hundreds of MLSs in the United States.

you want her to dump another $30k in and then "potentially" cash flow a couple hundred a month, all while stuck near 200k?

She worked there for a year, got hired by a builder, and sold hundreds of homes since then, making more money a month than she got paid yearly in her previous job.