A seasoned builder could obviously do it for less at scale, but you'll pay a nice overhead to bring in a builder and you won't get builder prices.

I clean our grill a couple of times a season when I head over.

I’m a seasoned wholesaler and a GC by trade.

This is a seasoned investor and she knows her numbers even though I may not like it. 

All the things you can't see will come back to kill you in a 1912 12-plex if you aren't a seasoned apartment investor.

Unless you stay often during peak season, then you might not make as much revenue on the STR.

In this case as long there is 3-6 months seasoning, you should be able to cash out on the new appraised value.

@Rick Albert You are correct anywhere can work, but most areas are seasonal or temporary.

I am constantly adjusting pricing up and down as the season changes. 

The builder will need to be approved by the Bank/Lender or the bank/lender can provide you an already approved builder they have used before in that County.Once the builder is approved the Bank/Lender will have a initial meeting and set up an agreed upon draw phase based on the work that will be completed in phases.Best thing to do is have a conversation with a seasoned Banker or Loan officer to start an application and set up step by step plan.Feel free to reach out if you have any questions I am always happy to help and talk REI.