In a perfect world, I would get a non-recourse construction loan, one-time close to permanent financing.

Even on Sparefoot they will always outrank you.If you do this, ask for a Construction loan with interest only. 

Fix and Flip, Bridge Loans, New Construction, etc.5.

New supply and rising expenses are probably even more impactful.Florida has some of the most new construction going on in the country, and is seeing rapid increases in insurance costs.

I’d recommend running your numbers with these extra expense assumptions to see what actually pencils out.If you’re worried about budgeting for capex, you can either buy new construction (which, if built well, won’t require capex for at least 5 years) or work with a turnkey provider, who will budget capex items for you on their end.In any case, my experience is that deals in Alabama and other Sunbelt states are still working out, but higher cost-of-living places like Fayetteville or Austin are probably out.

I'm currently a project manager at a telecommunications construction & engineering firm, mainly managing the implementation of new software for our crews.

These are very expensive, but you have little choice.If this is a construction project, such as a flip, ensure the property fence and other physical protection are still in place.

Beloit does house some large, well-paying corporations and lots of construction for new businesses in the business park off gateway blvd though, that have the potential to bring in larger amounts of quality tenants.

Before you consider building ADUs you will need to have a better understanding of the costs and scope of work associated with construction vs. the rent that you will be able to attain monthly once it is completed.

@Jeremy HusonGoogle these: Alpha Funding Corp Anchor Loans Angel Oak Home Loans Ark Home Loans Canyon Investments Level Up Capital Castle Commercial Capital Expand Capital Group Fidelity Residential Funk Financial & Consulting Green Block Inc Homelife International Mortgage KAM Legacy Kiavi Moneyboots Capital Lynk Capital Mbanc Next Bridge Funding RCD Capital RCN Capital Temple View Capital Funding The Hard Money Co Zinc Financial Citadel/Acra Everest/Griffin Funding Finance of America Commercial Lima One Capital CIVIC CoreVest Finance Shiloh Investors (broker) Corelant Constructed Loans Cogo Capital