We are actually working with MEDC to put together workshops to help provide trainings for various regions in MI to help fill in the development gaps from the real estate entrepreneurs and what it takes to build a development company and complete a project.

There are a lot of properties that are having double-digit ROI numbers but they have unique designs and features that stand out. 6.

If the work is not 100% complete by the end of the Escrow period, may implement a .50% (on total loan balance) extension fee that will cover an additional construction term of 60 days.

That's a lot to ask of a complete stranger!

. -- I completely agree with you!

I completely agree with your implied notion that if I were going to do this, it would absolutely be more beneficial to do it myself especially with an insignificant down payment like 3.5%.

Look for properties with features like separate utilities and layouts that appeal to tenants.

In my software, the checkbox is called "completely taxable disposition."

If you missed the window for completing the repairs, that is on you.

I'm wondering about servicing these after completion on a longer term basis following a DSCR guideline as they will be rented, and then selling them in a secondary market.