If you're saying your contractor doesn't do things like plumbing or electrical, then you should be doing a walk through with your contractor plus a plumber and an electrician.There's only so much that can go wrong with these projects.

Our last project was $2.7M, and our monthly rent is $27K. 

I know what needs to happen with houses .. and I just do lump sump draws  normally 2 to 4 per project..

Shoot me a DM or message on my cell phone at 662-701-7999 and I can tell you some more accurate sale and rental projections for your condo!

Quote from @Duane Williams: We’re a family-owned fix-and-flip company operating in San Antonio, TX, and Northern Virginia, managing everything in-house—from wholesale acquisitions to rehab & construction (with our own project managers and crews) to listing & selling through our licensed brokerage.

So hence the cowboy house was born out of this and this was one of our more fun projects!

Thank you for the suggestions on the USDA and SBA 7a for lending.We have not organized a formal proforma yet, just discussed various revenue projections and expenses.

Are they really able to achieve the projections or will they likely fall short?

Once you complete your first project, you'll gain experience and confidence!

We definitely want to be aware of those...We would love to come see your current projects.