That is subjective though - I just advise my exchange clients to understand that number and understand their exposure.

@Arun Maheshwari we work with clients to find turnkey rentals in Houston, DFW, and San Antonio in TX, but also have 8 other markets we're in across the Midwest/midsouth.

While your exact cost will depend on your market, I have a GC client in Columbus OH that is building triplexes at just under $200/SF.

A client of mine in Maryland added smart home features to their rentals and boosted rents by 12% with minimal investment.

Plus, I use it as my CRM to keep all the info about clients, properties, and conversations in one place.May God have mercy upon your soul. 

It’s also important to be as specific as possible in the scope of work for each line item—clear details can save you from misunderstandings or unexpected costs later on.I specialize in consulting services for situations just like this, helping clients work confidently with contractors by bridging the knowledge gap.

@Mattin Hosh I work with clients that invest in the Memphis and several other markets in the South.

One of my clients had a $1M deal under contract where they needed to do a $300k raise. 

@Clarissa Zimmermann I usually direct my clients rent.app

Like you, when I'm working with clients I highlight the key advantages of the conventional rehab loans (Fannie Mae's Homestyle and Freddie Mac's CHOICERenovation) are:- They can be used for investment properties- You can include luxury items- They have a higher limit – $806,500 in most places.Jeff