However, all the sold comps are crossed out after following a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.

However, a town of that size is very similar to the areas that we have funded a lot of rehab and DSCR deals.What are some of the things that you like about what you're seeing in the Winchester market for a BRRRR?

I suspect the builder has crappy credit and can't get approved on their own.Also, as a former banker myself, local banks aren't generally interested in financing new construction on this size of project or a builder that doesn't have extensive experience in these type of builds, in my opinion. 

I'm pointing it out because there is no way a channel of your size is worth anywhere near the money you say you were offered.Actually, likely quite a bit more, if you value it based on a GCI multiple.

But most pricing is a function of recent comps, adjusted for the subject property by size, condition of systems, and aesthetic qualities. 

You want to be able to wash a king sized comforter easily which the 4.5 does.

I would tell anyone looking to invest out there that the area is definitely down for most product types (by product types I mean sizes of cabins) but the metrics are still very strong. 

You also have lawn and snow removal in multi's, where SFR tenant is responsible.Finally, SFRs typically garner more rent than multi's, for same bed/bath/general size.  

North of Austin, the county regulations say you don't have to do it IF you're only doing residential, certain lot sizes and limiting the impervious cover of each lot.

This rule is part of the Securities Act of 1933, which was established to provide more freedom for businesses to raise capital while still protecting investors.Here are the key aspects of Regulation D, Rule 506(c):Rule 506(c) Filing:Allows issuers to broadly solicit and generally advertise an offering, provided that all purchasers in the offering are accredited investors.Requires issuers to take reasonable steps to verify that the purchasers of the securities are accredited investors.Issuers must still file a "Form D" with the SEC after they first sell their securities.The rule effectively lifts the prohibition on general solicitation and advertising for certain investment offerings, allowing companies to reach a broader audience when seeking investment.Accredited Investor Definition:To become "accredited," an investor must meet certain defined criteria regarding income, net worth, professional experience, or size of the entity (if the investor is an entity rather than an individual).