I am an active real estate broker and general contractor here in Memphis and this is a great market for RE investing!

If you can get through this rough patch and the #s work, you could see your property's value double from the original purchase price in a few years.Lastly, I'd check out the Sell vs.

Just adding a little $0.02, outside of what he said, most banks are not going to be your friend when it comes to this type of construction, or any for that matter. 

When you help people with their issues, it will help you also.

Quote from @Jonathan Bock: Quote from @Stuart Udis: @Jonathan Bock Does this come before or after the $3k cost segregation study and the $10K course on how to scale through renting rooms? 

Hope that helps explain the policy a bit more :) I need to stress again that I was not in the right frame of mind when I made this post.

I have heard of this happening with credit card transactions which is why I ask.

Quote from @Maxwell Servais: I have a tenant in my 4-unit property saying that hot water runs out after about 10 minutes.

This was about $30,000 5 years ago, so things were much cheaper then.

Quote from @Andrew Steffens: I think most people here will caution you on these courses.