And I much prefer to look at profit %'s rather than dollars, because it lets you analyze very different projects against each other and against very different alternative uses of your cash. 

Alternatively, you could get a HML for new purchases.

As far as financing, Im trying to find a creative alternative.

Also, the condominium only accepts conventional loans but I'm only familiar with 203k which I believe is FHA...is there a conventional rehab loan alternative? 

We plan to rent the property and was wondering if anyone have any suggestions regarding what type of flooring would be a good alternative to wood.

I want to eventually start an alternative/DIY homes contracting business where we build upscale container homes, geodesic domes, tiny homes, convert trailers into themed hotel rooms etc so seeking for some solid advice in that realm. 

Another alternative is to find another source for comps.

I have my eyes on a deal that would be a GREAT BRRRR/flip. However, the house doesn't qualify for conventional financing due to the rehab needed.

Would you seek out HML in this case if you didn't have the available c...

Alternatively, your passive losses get collected until you can use them against passive gains. 

Carpet/other preferred alternative, and refinish when ready to sell because you can only sand that wood down so much!