Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Don't look for lowest rate, look for lowest cost on fees as you will either refinance out of that loan or sell- the prepay will hit you on the back of the head like a cinderblock wall.

I've been interested in it, the cost was pretty high on the Pace Morby one

FYI, most of my CFO clients borrow from HMLs that will lend up to 100% of their rehab costs. 

Hard money typically refers to a company that has it's own underwriting guidelines, rates (9% - 15%), costs, draw process ect.

There are no upfront costs so why not establish a relationship with someone who actively represents real estate investors and move forward with vetting your ideas.Best.

I am trying to get a good hang of the rehab costs since I’m new to the are (from Dallas).

I do understand all recent syndications are struggling with costs and tenants struggling to pay, so trying to be patient for now.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Additionally, cost segregation and bonus depreciation can accelerate tax benefits.Because filing as single taxpayers limits certain deductions, planning in advance ensures you maximize benefits while avoiding complications.