The problem with your approach is that, the cheaper you go, the lowest quality of renters which translates to all kinds of problems.

The lease was drawn up with a California Association of Realtors (CARS) lease agreement, which states in the section on Alterations and Repairs: Unless otherwise specified by law or paragraph 29C without Landlord s prior written consent i.

Well as you probably already know figuring out what the hell you are talking about is like translating a foreign language that I don’t speak.  

This one doesn’t say that—it says first to preferred return, and we now know the preferred return is not IRR.You might also want to look up the definition of “Capital Return” because it’s mentioned in the definition of Preferred Return, just to see if that alters anything.

You can also use the search bar function for some examples on how some of the concepts discussed in the book translate to real life. 

Even though at a glance the “savings” would only be 5% on the down payment, that translates to a lot of $$ in an expensive market.

While some of these companies may initially make attractive offers, my past experience has shown that they can sometimes alter their terms at the last minute with unreasonably low bids.

What this translates to is difficult for me to say but seeing our current conditions with interest rates as high as they are, I'm inclined to work efficiently with our brrrr strategy... meaning quality over quantity and waiting for the right deals.

This translates to them not wanting to spend to much if any time on your project bc they are not getting paid enough and with all the business available in Indy these days they might take a job but once they realize they can get paid more for another project they leave your project that is being managed by that company who's taking a piece of the action on both sides, from the investor and the contractors. 

A "luxury" bathroom might translate to higher STR rental amounts - but that has never been a high criteria for me when seeking lodging.