To implement this strategy you need to have the full purchase price in readily accessible funds, so it won’t work for the majority of investors.

So this bank did the final part of their underwriting 2.5 months into the process while my 2nd lender (the one that I finally went with) was able to give me the green-light after only 2 weeks...

I love cabins, and the RV park space, but like anything else, it's about NOI and there is a ton of blood, sweat, tears and busch light that goes into that number.

I do not individually allocate for the small items but the maintenance/cap ex worksheet contained the reasonable costly stuff like you mentioned then had an entry for all of the small items (bathroom lights in some of my locations do not last 10 years). 

We will be adding a day light basement to their Studio House plan to capture views of the lake we are building on.

For you 1st property, probably a good idea to start with something that's more turnkey / light cosmetic work needed before diving into full renovations.

@Chris Seveney no doubt will be able to pull copies of the filed lawsuits and that should shed some light on this as there should be exhibits that show the actual notes.

Specifically, I’m looking for tips on where to start and how to effectively implement digital solutions in a way that aligns with our needs.I’m also more than happy to share my own expertise in architecture and real estate development, wherever it might be helpful to this community.Thanks!

Grocapitus is great with marketing light on details. 

That extra cash flow isnt safety, its the market signaling with a big red flashing light, Risk.