The renovation will convert a row single family home into 3 family home ( the layout is already there ):- the first flow will be 1 bed, 1 bath- the second floor will be 2b, 1bath- the basement.If those 3 rents, I can easily have $1800-$2000 in gross rent per month.So any creative financial idea I can propose to him?

If you lay out the cost of ownership (maintenance for example), then that is a different presentation.If allowed, it might be interesting to say that we are going to gradually increase your rent.

This thread was not inteded for those who do not have or are not capable of getting the skill sets to do what is suggested.Placing all the back and forth aside, here is how this thread should lay out for members who are lookinig to improve their flip business (or get started in the right direction): If you flip, do the suggestions Jason laid out for you.

They lay out and explain the process.1: The Book on Flipping Houses - J Scott2: FLIP - Rick Villani3: BRRRR - David M Green4: The Book on Estimating Rehab CostsWell worth the time and very informational.Good Luck!

I found it very easy to set up and it's also very intuitive.

I have not had an official appraisal but two of my neighbors sold their homes recently for 260k and our houses are identical in layout and square footage.

I spent a lot of time putting them in logical order so guests could see 2 views of each bedroom, and get a feel for the layout without an actual floor plan. 

This rehab removes and adds walls, adds new porch, adds a bathroom, new layout of existing bathroom, new kitchen, flooring, HVAC.  

Quadruplexes are in the $700+ rage and 5+ Units can range from $100-200k per door depending on the layouts and condition of the units.

For example do you have a layout of what can be built and has it been approved by the City/County?