We've never used percentage-based criteria, like the 70% Rule, for purchases.

Or, you could ask for a rate quote based on a range of credit scores and you can figure out what they'd charge you on your own.

This is anecdotal information based upon the interviews I’ve had with operators across the country.

The cost of a cost segregation study varies but typically ranges between $1,000-$15,000.

Hi @Alex Lee I would avoid 203K loan and work with conventional renovation loan based on knowing you'll be forced to use 203k certified contractors which will cost more money and offer inflated pricing because they must follow 203k guidelines. 

First off, let me start by saying I logically understand a winers attitude is not based in victim mentality.  

Willing to go the extra mile here based on the numbers.Thanks!!

. $360k equity (based on your estimated loan balance and estimated transaction costs if you sold, this is not calculating capital gains taxes but that would reduce your equity down to about $310k if you sold without doing a 1031 exchange). $8k cash flow (this will increase over time because you are in an appreciation market). $6k principal pay down (based on your current loan). $20k appreciation (based on 3% which is conservative, 4-5% is the historical average).

You can look at successful STR's in your area and make a list based on photos.  

Every market will have a data center, not sure how this will deviate from the curve of market-based anticipation.