Hello, To all my permit expediters and all other contractors, how do you all go about finding leads for projects? 

We renovated duplexes and converted. if the price of a condo is similar to a single family home I would pass on it.

We liked the idea of partnership on a bigger project with the specific MTR strategy in order to increase NOI and exit in 3-5 years.

Lastly funding developer who has 3 subdivisions going in WA DC market. these are big time deals and with our funds for the soft costs  500 k to 1 mil on each project my client is going to make  sit down  but probably over 10 million net  life changing money and well we will do good too !!

And banks dont care about our math projections and how hard do you want to work to prove your math projections..

I was thinking about getting the property, renovating it, and then cashing out 80% of the ARV to get some of the money back.

+1 for AirDNA - I recommend using one of their premium monthly subscriptions to explore the actual comps and not just their auto generated projection. 

I would like to learn more, as I am gearing up for a new construction project myself.

If you've done a complete renovation—say, updating a 60-year-old building to 2025 standards—their quote could be outstanding.

Having the contractor relationship in place to move quickly and provide a high quality renovation at a reasonable price.