You will need a zoning permit, possible streets approvals, utility plans, excavation plan, building permit, MEP's, then sub contractor permits for all of the MEP's.

By your own admission you don't have a budget to utilize some of the more expensive marketing systems.

The only types of loans that will utilize a projected future value are rehab 203k/homestyle/renovation/private/hard money bridge loans, those will order an as is today and future valuation ( ARV - after repair value) to determine your maximum loan amount with rehab included.

Also you can save a lot of money if pm has their own handyman employees and do not need to sub out all repairs. my experience is that STRs outperform LTR by enough to cover the PM fees, utilities, and additional furnishing costs but not much more.  

I have a few properties in high traffic areas with at I plan to utilize by putting up some “we buy houses type signs”.

I love to utilize VAs!

I have utility bills and mail to show I live here.Originally posted by @Albert Bui:Originally posted by @Chris Miller:I Bought a house subject to 6 months ago. 

And numbers I believe are up to $1,650/mo (or something like that) if you include utilities.

I have found that I can apply for business credit cards, which enable me to do renovations or pay for utilities over a period of time, while I save up for down payments or what have you.

To be honest, I like J Scott's approach for 2 reasons. 1st, it's easier to drill thru the COGS details since everything is posted there, 2nd, you can run budget vs actual if you plan to utilize the Budgeting feature to track your progress directly from QBO.