I suppose here is a good time to ask you all, the “more expert than me-s” in the thread: on a scale of “5% return standard deviation bond market” to “15% return standard deviation stock market”, where would you put the unleveraged, post expense rental income of a well managed (aye, there’s the rub) SFH portfolio?

These can sometimes have more flexible terms than standard construction loans, especially if you can demonstrate strong income through your bank statements.

@Adam OrtizRecommend 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?

Can anyone on there provide any figures for converting a standard fireplace to gas?

If the rental income doesn’t sufficiently cover the debt payments by their standards, they’ll limit the loan amount, even if the property is worth more.You could try a few alternatives:•Look for lenders who specialize in commercial real estate and have more flexible DSCR requirements.

**NAHB Contracts**: The National Association of Home Builders (NAHB) offers a variety of detailed and standardized legal templates specifically designed for the residential construction industry2.

For your $2M property, a cost segregation study estimates $316K in first-year depreciation (compared to $28K with standard straight-line), potentially saving ~$117K in taxes at a 37% rate.

The two types I get from Arcade Headquarters are the standard full size cabinet with 60 games and then a whiskey barrel setup with controls on top with a 42” display mounted on the wall behind it.

A window A/C might keep it comfortable, but it often doesn’t meet the standard for counting it as fully finished square footage.

If you are getting feedback from this group of posters, many of which are legendary by BP standards and known for their knowledge and willingness to share it.