Pretend you are a lender - actually spend $400 and order an appraisal that has current value and professional (non-biased) opinion on after repair value based on the rehab you have outlined.

It isn't any other rental and pretending otherwise may be a fools errand. 

We lived in a 3 floor townhouse at one point that had one zone. it was like we were pretending to be Goldilocks with the temperature difference between floors.

Instead of buying a bunch of small properties individually, the group of people come together and buy a larger asset together.Let’s pretend you have $50,000 for investing, beyond other savings and retirement funds.

On my normal internet connection, I'll search for organic vegetables, how I myself can save the earth from Climate Change,  new ways to cook kale and arugula,  modern movies and tv shows that glorify dysfunction and violence,   on my VPN pretend there's a Bill of Rights?   

Do not pretend to be something you are not.

I use Zillow and pretend to be a renter and figure out what's the minimum rent I have to pay to not be homeless.

Many investors come to meeting pretending to be more experienced, thinking they will get more respect that way.

And I'll pretend I didn't read #3 because it is late and I don't want heartburn thinking about regulators, codes, zoning, etc. 

These folks know that few will ever vet these statements which makes it easy to continue to be pretenders.