Hey Zahra,Have a lot of clients working down there and you are correct, it has become a great place for investors.Biggest differentiator that I have seen has been on appraisals after the repair.

That cost us 3k to fix Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

You might want to get in touch with @Andrew Freed and Jonathan Bombaci, they are locked into several of the MA meetups which are great ways to connect with other investors in real life.

We look forward to working with you on the next one!

I worked with a realtor to help me find this one.

However, if it is an STR, the depreciable life would be 39 years.

These will give you the out numbers, and then you can work backwards once you know the repair costs.

I would love a ideas on what you think might be best to do in the current market and may even be interested in partnering with someone if the numbers work for both parties.

What we found was only one other person contracted under $200 per square foot for clients and they also built within the city of columbus. the numbers have a much higher premium the closer you get to downtown. if you can't get the numbers to work my recommendation would be to get closer to downtown. we do build to rent development and single family home development and every line item is broken out. on the triples we have to build exterior staircases etc there are some things you can't really understand unless you build a lot. hope that helps but no one is going to build you for 110 a square foot. the lowest cost homes in our market at cost without a profit barely dip into 140 a square and we are in one of the cheapest construction markets and states in the country. 

I spent my first 6 years in the financial planning industry working for a firm that had previously sold a lot of privately held REITS that went south.