Here’s the breakdown:Financing & Investment Details: Total Project Cost: $750,000 Purchase Price: $450,000 Rehab Cost: $300,000 Total Investment Needed: $750,000 Private Money Loan: $550,000 (1-year term at 9% interest) My Cash Investment: $200,000 Interest for Private Money Loan: $49,500 Closing Costs for Private Money Loan: $0 Closing Costs for Refinance: $27,000Total Cash in the deal:$750,000 + $49,500 + $27000 = $826,500Exit & Refinancing: ARV: $900,000 After renovation, I refinance at a new loan of ~$675,000.

I suspect that is because of Hail damage ???

Most rental properties in Milwaukee are old and run down, our product stands out. 

Still open to them of course.  

There are way better people to talk to that are based out of here and know the market like the back of their hand. 

This is the value of having someone who has local experience.The company you said, if they are some "remote" company, I guess they could provide the things that you need and save money, but I would hesitate to feel confident if they do not have regional experience and that you would be left vulnerable if issues arise with the design later on. 

Ask to speak with some of their current owners and current/former tenants.

Primarily desert washes, but also near a creek....So I would go knock on doors and ask neighbors when it has flooded and what they think about the area......maybe call the County water board and ask then what has happened there in the past.

I would prefer to start out here in Fayetteville, NC but I'm not opposed to other markets at all.

Jack and Jill homeowners have to pay off their mortgage and buy again, so aren't good SF candidates.All of my SF buys have been from tired landlords that owned free and clear.