Increasing your construction budget by a small amount can have an enormous impact on your overall construction budget, productivity and site safety/insurance premiums.

If sales prices in the local real estate market are increasing, as they are now in much of the country, there is less risk in taking on a project like this. 

Everyday my respect for you Ben is increasing.

It’s showing as increasing the loan amount although monthly interest payment stays the same? 

what I would do to decide if brrr method is the way to go-Assess the cost of necessary updates and improvements and compare them to the potential increase in your home's value.

Expenses that don’t go up as fast take less of a bite as the ARV increases, leaving more room to (slightly) increase the purchase price plus rehab limit to 75% of ARV.We use this rule of thumb for screening, but always create a spreadsheet to estimate all expenses and run a P&L in detail for comparison.

Albeit, when we building materials started to increase significantly, that complicated things and we had to just keep going.You will lose MORE if you sell a half-built property, than if you take it to completion. 

I think it depends on 1) what kind of profit/loss you’d make if you sold it and 2) whether fixing repairs and replace the siding would increase the next tenant’s rentI hope that helps some!

Unique features like land and outdoor amenities can add value, and utilities can increase rent.

The increase in property taxes, insurance, and maintenance/wear and tear may erase all of your gains and more.