My first offer was $35K below their asking price, but they countered to bring my offer up $10K, so now we are at market value.

Raise phase 1 with a debt offering.  

Typically, we are shooting for top of foundation to be 24 inches higher than the road and at least 36 inches above the bottom of the drainage.

Hi Yinon, Most DSCR lenders will not typically require you to have a lease in place if the property was recently renovated or purchased.

It is maybe a couple thousand dollar up-front cost for the developers to determine the viability of a project.I work with experienced developers, who could perform & gather all this data on their own if they really wanted to, but the value that an engineer brings on these is typically worth their time & small cost. 

Seattle Yield = 6.23%, Portland = 9.48%, Spokane = 10.79%, Tacoma = 9.34%, Bend = 8.05% YieldThese average yields seem very low, typically 12% ends up about breakeven when using any type of financing. 

That would be a typical scenario for me.

The profile of the typical Houston traveler is someone coming in for work.

Needs new everything floors, kitchen, bathroom, paint, roof, landscaping and also has termites and a tentant that's not currently paying rent, for a 1000 sqft property they want 160,000 for it, but my comps say for a rehabed house in similar sqft property in that zip code would sell at 220,000k and I would say it needs atleast 65,000 to 75,000k in repairs so my offer price was at 100,000 to 110,000 and the buyer will not entertain my offerI would like to offer more but if there are any surprises I'd like to be prepared for those cost during the rehab process.

.- Does anyone see any flaws or can offer some improvements/considerations to the financing strategy of this plan?