With ARV at 135,000 at a maximum loan of 70%, you can borrow up to 101,250 which means, in this scenario, you could get the 85% of acquisition and 100% of rehab, i.e. total loan amount of 83,750 with an initial release at close of escrow at 63,750 which is 85% of acquisition, and, the rehab holdback of 20,000.15% of the 75,000 acquisition down is 11,250 and closing costs are likely ~3,000 so you initially need ~15,000 to closeAfter close, a prudent hard money lender will require reimbursement style draws which means you must first complete at least phase one of improvement/rehab to the property before drawing down on the rehab hold of 20,000.With only ~5,000 left over after close, you don't have much room for soft costs like utilities, nor much room to get the rehab started, nor much room for the monthly debt.

That being said, on average we see about 25-30% of reclassification to faster depreciation (eligible for 100% bonus depreciation) for garden-style multifamily properties, and 15-20% for SFRs, unless they are short term rentals, in which you own all of the furnishings and amenities, it's more like 25-40%The cost should be associated with the scope of work of the project in which multifamily or other commercial properties require significantly more work, whereas SFRs require relatively less.

Also, is a one-story home a type of property style, and can detached and attached single-family homes be styles as well?

If you choose the perfect remodel in color and style for your buyer maybe you get the whole $12,500, maybe even 20% more, about $15k?

I have seen several posts this week in this style and it could easily confuse new investors and misrepresent LP and GP syndications as an easier or a quicker path to wealth.

Ensure that you're comparing apples to apples as well, meaning the properties you use for comparison's sake should not only be of a similar style, size, number of bedrooms and bathrooms but should also be in similar quality to the level you intend to remodel your rental.If you are working with an agent and are trying to buy on market, they should be able to help with this.

We started with purchasing turn key suited homes, but due to market shifts and our comfort level we moved to building the same style homes as purpose built rentals….

Bedroom sizes are "Chicago style" (aka small) which is the toughest sell of the apartment.It's gotten tons of attention so I am sure it will be leased up without a vacancy.

I built a 20x10 cedar deck in the backyard, new LVP flooring, replaced interior trim to a craftsman style, painted all of the cabinetry.

Also we do not allow changes to the structure of the house on our Home Style loans …..most lenders have the same guidelines.