There are no pictures of the inside, yet, but no major interior renovations were mentioned

They will look at the ENTIRE cost of the project and calculate what they can offer you in loan amount.

Any numbers on projected STR revenue?

My dilemma has been that I've gotten a little behind on some revolving debt that selling this property now could eliminate in addition to giving me cash on hand to trade into some better value or start a new construction duplex project I've been wanting to start.

I want to save a little $ by not having to pay an agent over 25K in commission for a project like this.

@David YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Your focus on the Dallas market and Fix and Flip projects sounds solid, especially with the DIY approach and having an interior designer on your team. 

When you start to do a lot of projects, 50% is a lot of money to go out when you are scaling, finding deals, and doing all the other footwork.

Are there specific lenders which are easier to work with for small multi projects?

Despite no additional renovations being necessary, our efficient strategy and swift turnaround led to a same-day sale at $225,000.