Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

We came to an arrangement where any sale price over $1 million, minus construction costs, would result in a profit-sharing opportunity.I’m currently trying to determine the After Repair Value (ARV) for the property but am having difficulty finding reliable comparables.

Good renovations done at purchase should decrease repair and vacancy cost. 

https://www.biggerpockets.com/forums/51/topics/1113749-cost-segregation-faq

I live in a costly area, and this is the main stoppage point of getting me to just jump in.

Hey Ken, yes, total net profit is $25,000.Closing costs, holding costs, closing costs .  

Construction cost was $240k and the bank only required 10% down.

@Heather McNicol when you say the program is expensive, can I ask how much the program costs?

Last but not least - how much does it cost?

However, its subscription costs can add up, and the effectiveness of direct mail depends on execution and market conditions.