This is without adding in an outside approval process.

I'm particularly interested in purchasing two-bedroom, one-bath (minimum) properties that offer space and potential for adding an extra bedroom and bathroom.

I saw an ad on IG the other day for a private lender who was going up to 96% of the purchase price and funding 100% of the renovation cost.

Also, the costs in Florida are high, with expenses for insurance and the hurricane risk adding up.

@Ronald RohdeYep, I would be adding the same thickness of slab and only extending the portion of the warehouse only, not any office etc. 

So what I did is I looked at median prices of 2 bed condos between 800-1200sqft built between 1980-1990, I did this to eliminate new condos being added into the pricing pool, and look at this rollercoaster...Detached faired a LOT better, less variability in downturns, and much better return (for this chart I did not look at semi-detached, but the trend is closer to detached)

Any time you can avoid adding more trade lines to your credit and increasing your DTI its best.

might be worth adding to the list

Adding that we won't honor those bookings is likely part of the negotiations, but again, loss of income.

You might also want to consider adding antifreeze to drains and toilets.