Total profit less closing costs and commissions will be about 42,500 each or 85k total.I would for sure get a construction loan, may be worth approaching 2 or 3 different banks and getting separate construction loans from different banks. 

What's the difference between co living and shared housing?

But, I don't like Clayton being compared to a taco because, Mexican food is the bomb baby!

@Tony Schmucker if it were me, it would totally depned on a ton of differing factors that you may not be measuring (some outside of investment real estate). 

Each program is a little different so it just depends on your situation and income.They are quick and easy though once you get your certificate you can work with any Bank or Lender that is approved to use those DPA's.

We learned a lot from this project.Looking back, if I knew then what I know now, I would have handled it differently.

Mine may be different though because I am still responsible for HVAC and many other large items on the property.

Since you have just closed on your first property through RTR can you tell me, were there any differences in the numbers that RTR provides versus the actual?

From there every 20 point increment affect pricing differently.

Paying $7500 - $10,000 to a CRE or CCIM for a full unbiased report can mean a difference of double or triple the ultimate value of the property.