I Can only realistically get $1600-$1700 a month renting my house based on the market.

@Elias Halvorson the poster actually lives in another country.The pinned Cleveland, OH reference is just what they entered based upon this post:)

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. 

Currently, my structure projects 8-12% IRR which stems solely from appreciation-based gains and has risks that differ from traditional REI or syndications.

The amount of money most people carry in their checking account fluctuates, but what’s ever there is called reserves.

They aren't falling back to 4%-5% range based on all current economic factors. 

Realistic returns on a project are in the 15-25% range. so if you ran it based on that the numbers are very close.

There are a lot of proposed legislative changes coming up state wide and also municipality based.

I do condo plans as part of my W2, and these SF calculations can vary based on the coord with the attorney and owner as far as how the association is originally set up in its budgeting for dues.

Other areas constantly threaten to curtail the ability to use homes for str whereas sevier county is based on the rental of cabins and they have zoning that can never be rescinded to guarantee it.