@Rahel Ketema - Like @John Warren mentioned you likely wouldn't have demo the whole ceiling to install ductwork typically we'd just have to build out soffits to surround the ductwork around a pre-existing wall running down the center or side of the house depending on the layout.A lot of your situation depends on the layout of your units and available space. 

Three are VA loans.Finding a cash flowing multifamily can be hard to find at a great price point but there are other strategies.Message me if you want to lay out a great game plan.I wish you all the best.

I can't see getting financing better than 70% and if there is a lack of experience at this many units or other factors are not perfect then you'll need to lay out 35% - 40% and that's even if you can get it done plus it will take a long time to close. 

That's a little easier.Go to Redfin, find 3 properties that had a short DOM that sold recently that are comps in your market, look at the level of finish and design layout and make yours look like that. 

Hello Aaron,I’ve also looked at CaribbeanTown and like the layout and community feel.  

Most lenders won't require an application fee and should be able to clearly lay out their financing costs, cash to close, and projected profitability for you.I hope this helps.

If you already have a preliminary site layout showing the size and quantity of buildings you can put on the lot, you should be able to take that work on some budget construction costs and from there work your possible rents into the equation to see if what you have drawn makes sense cost wise, or if there is a more efficient way to lay the site out and reduce costs. 

The current layout is a 2/1, to be converted to a 2/2.

Here are some diagrams to help you on this quest: Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement: AssPro_Decision_Diagram Asset Protection Onion Diagram - what, when, and at what cost one should implement in terms of asset protection - APOnion__Diagram How a fully implemented asset protection layout might look. - Asset Protection Layout A CSS Decision Diagram flowchart intended to bring together all the various questions when assessing the benefits of a Cost Segregation Study (via a professional or DIY).Let me know if you have questions or want to chat further - I can give you my investor perspective - text me at 512-368-9940 and we can talk further.PS.

Good layout of what you guys have going on.