A lot of times you get under contract for a spec home and the financing is based on that specific day.

#5 is one I haven't done yet but have concerns about idiot tenants who won't replace the battery on the smart lock and then say they can't get into the home #10 There are now water sensor IoT devices that can definitely help monitor floods and have been shown to be well worth their while for anyone who owns apartment buildings as they reduce insurance premiums and help prevent huge water damage claims

Here's what the quote covers:- Conversion of 2 bedroom, 1 bath main house to 3 bedroom, 2 bath (~1040 sf footprint)- Demolition of existing walls (existing dining room wall, wall between kitchen and living, bathroom closet)- Finished Shell (Reframing opening to living room and kitchen, shifting openings for bathroom/bedroom, new walls at bathroom and dining, level - Replace all aluminum windows with fiberglass windows and screens- Upsizing plumbing, and relocating fixture locations as necessary- Upgrading electrical panels- Assume heat pump and ductless mini-split for heating and cooling- An allowance for kitchen appliances including combination range, hood, dishwasher, microwave, refrigerator, and washer/dryer- An allowance for mid-grade plumbing and lighting fixtures (Delta, Kohler, or equivalent)- Mid-grade plumbing and lighting fixtures (Delta, Kohler, or equivalent)- Ikea cabinets or equivalent with solid surface countertops, includes island- Assume solar system to be installed on the house including battery storageFor the garage ADU, the garage would need to be demoed and rebuilt, but we would benefit from building within the setback since the garage is on the property lines.

Another document (like my tile specs below) could be attached as 'Exhibit B'Look at this tile spec sheet from one of my jobs as an example, and the detail it contains....and it's only one of four pages..... 

She found us a home that hit our specs (including a wonderful landlord allowing us to sublease) and charged us a finder’s fee of an entire month’s rent (18k).

The play would be to wait a year and a day, demo the property, build a small box, spec home, and sell to an FHA buyer.

I'm desperately searching for a financing option for my spec homes that will give me better terms than the 10-12% interest plus $10k closing costs that my current HML is giving me.I tried doing buyer-financed, but they haven't been selling very well (although I really haven't waited long, I'm just impatient).

It's not foolproof - if the basketballs are rearranged we can't tell if anyone played it much or not, but we can tell by how fast the battery powered scoreboard goes dead. 

I would love to expand to different states but I would need to do more research as far as specs.

This, without having a housing bubble or other economic meltdown, like some counties in Utah, Texas, California, Washington etc…2022 was particularly strong as folks flocked to the state Heavy Manufacturing is booming near Nashville: Both GM and Ford have / are building their new EV battery plants here.