Hey my name is Ricky Howard and im Looking to connect with as many investors as i can especially those looking to and/or actively investing in Charlotte, NC.

Canneton Howard Welcome!

This is who we used to do all the permit and engineering drawings for our last new construction project in Maryland:http://caddworks.net/Don't know if they have expertise in Charles County, but they were awesome to work with for our Howard County needs...they are in Frederick County...

The ARV will be the value of the new home...and you'll probably want to compare against other similar new construction, not renovated homes, to get the most accurate resale value.If you'll be subdividing, you can look at the project in various ways, but the easiest is to probably just count the ARV as the combined ARV of both houses, and then the expenses would be the combined expenses of both houses -- including the tear-down of one house and the cost of the sub-dividing.If this is a local project and you want some specific advice, don't hesitate to reach out to me...I know Howard County pretty well and have built new construction here...

@Bill GulleyI was actually referring to Tenant Improvements but your post was very informative - thanks@Howard AbellThanks for the response - yeah it's not a straight shot answer so I will have to ask the local brokers to what is competitive@Joel OwensThanks again as always for your good advice. 

All the people I know who are generating rental income in DC/Montgomery/Howard area bought a long time ago.

Originally posted by @Howard Abell:A few things stand out.

Hey Howard,How do you know it has good cash flow?

@Jason Howard Marden You didn't specify if this is a SFH or not.

Year 2019: Client bought a 3 unit in Rogers Park by Howard area.