Originally posted by @Sidney Wilson:I understand that it is sometimes easier to have a broker do the work to find a lender, but the 1% + I always paid to brokers was a fairly significant cost.

There is almost no understanding CPM- several multimillion dollar coliving start-ups have FAILED b/c they saw the demand for coliving w/out seeing the need for a respective form of property management (see HubHaus, Common, Starling, etc). 

@Monica Juarez-Gonzales Adding to prior note that @Michael Plaks has created the best resources and content, bar none, to help investors understand how to approach Cost Seg.

Just make sure everyone understands that they will be on the site for anyone to see.And no minors.

However, understanding their requirements—such as down payment percentages, reserve requirements, and loan-to-value ratios—is key to getting approved.One of the biggest advantages of working with portfolio lenders is their ability to fund deals that traditional banks might pass on.

Are there any good books to start understanding this niche?

So have a great loan officer that understands those programs, and doesn't just push you to FHA.#6. 

A common strategy used by investors, such as those operating through PadSplit, involves purchasing the property, completing basic rehab, refinancing, and then using cash for the interior build-out.Another potential red flag, even without converting common areas, is the addition of individual locks on bedroom doors.

Quote from @Chris Seveney: @Zach EdelmanBe clear BP does not recommend companies - companies pay to advertise on BP and while BP I assume vets them - it’s still buyer bewareI am not an employee of BP but I want people to understand on BP and on most sites there are sponsors and affiliates but they may not be thoroughly vetted.

& track my job costs against each category so I can compare my budget vs actuals and calculate the variances.For example:Electrical Budget: $4,000Electrical Actual: $6,300Variance: +$2,300This process is more tedious because you have to breakdown each invoice or receipt and allocate the costs to each Category, but it really helps you understand where you are spending your money and why you went over budget.Otherwise, it sounds like you are having trouble measuring employee productivity?