If it is a high-end project, I would spend on an actual lIcensed designer.

Have you used the income approach for the current rents and the projected rents? 

A lot of those new construction projects in Bronzeville are on a slab and framed, as I mentioned above!

The contract can be assigned to the LLC you create in the future.

With the hotel we're currently doing or on any other projects he can create an IUL.

I was playing with the idea of selling my condo, taking 300k of the equity to put a down payment towards a house listed at 660k.I'm assuming the reno will run $300/sqft and going in with the assumption that phase 1 will run 750k (figure the expansion of the house will have to wait) for the gut reno.I assume/hope (but definitely not banking on) that I will be able to refi in 2-3 years at a lower interest rate; if not for a lower rate.This will likely be a family home for the next 5-10 years at LEAST so investment value isn't quite at top of mind ATM.Questions:Even if it's not for lower interest rate, do you feel it's advisable to refi to remove the 203 loan in the future?

Brewerytown and East Passyunk could also be worth exploring.Big projects like Bellwether can boost neighborhoods, but they often take time to show results, so don’t count on them as a main factor.

They don't care when you try to explain all the future projects, they actually hate hearing that since it sounds like a scam, when an investor says, "Give me a good price and I will have a lot of work for you" it sends chills up their spines. 

In the end, the project was completed successfully and sold for a profit.

Project Collaboration: If you're interested in partnering on a project or need architectural insights, let's chat and see how we can work together.I'm genuinely excited to be part of BiggerPockets and can't wait to contribute to the community.