The house is a mansion inside.

@Grayson GistThat sounds like a headache and a half, i think as a new investor you definitely do not have the luxury to waste your time with people that are not meeting you on dates you agreed.

When rehabbing there is a delicate balance between luxury and affordability.

Kind of like a "luxury tax" that is paid for expensive things which people that can afford those things don't seem to complain about and pay it because they want it.

I have a sort  of luxury country in one and exotic in the other.

Because it is emergency service and people don't have the luxury of getting comparative quotes, estimates, etc, here is how it works: There is software that contains a huge database of insurance standard pricing--it gets updated monthly and this is what restoration companies use to price their work.

I see a need for more section 8 housing that's as good as a luxury apartment.

However, it is a market where there are a lot of students/working professionals/military/medical professionals coming in and out for short-term stints so...We're considering doing a semi-luxury house hack with a 4 or 5 bedroom SFH.

We will likely see some stagnation in prices for move-up buyers & Luxury homes, but the buyers that are the engine room of the real estate world (first-time homebuyers) will likely remain strong because their decision remains the same....."

There are a select few that will lend with as little as 15% but you will pay a higher interest rate and you will have to be ultra solid as a borrower.