@Greg LovernAny appraiser you use regardless of the loan type is not going to give below grade square footage the same dollar value as above grade.

I also discovered damage to the roof and had to replace that, plus I graded and graveled the driveway and parking area. $24,000 worth of improvements, $20,000 in lost rent. 

Second, becoming a GC allowed me to quit my day job and go full time building my own projects as I charge my investors to GC the projects, and that allowed me to find more deals and investors much faster as being in/around RE all day every day is very helpful to scale quickly.

@Shivani KumarYou would need to operate on a very large scale, or have access to a TON of airline miles to make it worthwhile flying to inspect properties you are interested in.

I was thinking about economies of scale with adjacent properties.

High price + Low Grade = BubbleLow price + High Grade = Opportunity Ive told a few brokers I know about the method, all who acted interested but didn’t necessarily understand.

I would love to pick your brain on scaling and any major obstacles you had to overcome and strategies used to grow your portfolio! 

We have an LLC registered but haven't had much activity in it, so I was always thinking of starting a small-scale Real Estate Consulting where we could offer the afore-mentioned services for a minimal fee.

Cash flow is hard to come by in the Boulder / Denver markets and although the extra monthly cash flow would be great, and there's plenty of places in Iowa that will cash flow, I'm wanting to scale quickly and feel Colorado would be a decent place for that. 

I am happy to send you my neighborhood grade map to help you get started.