@Charles Moore a bit late to your post, but interested in how your project and development has gone in the Kansas City market. 

With regards to determining a good deal, I always look at true projected cash flow after PITI, repair allowance, market vacancy, and management.

My team and I are having some trouble finding private lenders for our projects.

Rotarian for 12+ years and love international projects and helping out in my local community.

Rotarian for 12+ years and love international projects and helping out in my local community.

@Morgan Turek Good for you finding a potential project.  

It's been listed for about 3 weeks and been the runner up for a couple buyers, I expect them to net about $5,000 more than they would have before rehabbing (~$15,000 project), I'll make similar plus commissions for selling.

One of our up-coming discussions is going to focus on which projects provide the most value to your rehab for re-appraisal/flip - you might be interested in adding to the discussion.Would love to see you guys at our next event or connect outside of that as well (especially if you are only visting for property inspection and closing)!

One of the markets we invest into in BC's interior currently (Kelowna BC) has less the 1% vacancy rate, the city is going to be opening up the rules for adding a carriage house (or lane-way house) thus giving us a great opportunity to add another rental unit onto an existing property.The banks however will be happy to lend once the project is done but leaves us with a short term cash challenge to get the approx 200k to get the project up and complete. 

Right now we have a couple projects coming up that are great investment opportunities.