Here in Michigan, we charge 10% per unit.

Either way, run your proposed solution through an attorney. 

I'm aware that many of my competitors use PriceLabs and have wondered what the unseen impact is on pricing (viz. is there an artificial increase in our particular market because of it?).

., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

Was wondering if I could turn one of my spaces into an assisted living multi-tenant facility as it’s in a great area for it and can be changed with a reasonable rehab.

My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental.

They do an incredible job.  

Question: assuming an ideal brrrr that has all investment extracted at the refinance, why would you choose a low cost market over a high cost market?

@Chloe Salcedo EXPAND YOUR PERSPECTIVES:)Know a wholesaler that does business in Michigan and North Carolina.So, why can't you help your sister wherever she is?

Is there an early buy-out?