I've learned a lot in my 4-year project, and it has been a lot of work.

Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.

My accountant wants me to start doing this in the event of an audit being I’m starting larger projects and will be implementing cost segregation Thanks

There is no requirement to use them as mentors for doing the rehab projects as described in the horror story above, but they do their own underwriting so they will be investing themselves to assure the deal makes sense and is successful to assure they get their payments and interest. 

For the multi-family, lenders typically count about 75% of projected rental income toward your debt-to-income ratio, which should help if the property is cash-flowing.

Have one subdivision project going to market this spring.  

And yes, I've done fire restoration projects. 

Every project needs a quote and you should be able to estimate the material costs.

I'd love to bid on the project and see if we can work something out on the remodel.

This is the largest Adaptive Reuse project that I've taken on.