Looking forward to your experienced insight!

You will also have design and engineering costs in addition to construction. 

REIAs historically are where experienced folks hang, the older experienced types. 

I am not very experienced (in the middle of my first deal flipping and eventually renting after I move out) but am currently looking for another deal so have been analyzing quite a bit.

also it would be great if someone can point me to other forums on how to convert a basement into an apartment with kitchen.I am also confused whether to go for vented vs ventless range hood or exhaust fan to deal with kitchen odors.appreciate the inputs from experienced forum members

Some experienced, competent agents will have an agreement with you up front where you make up anything less than a 3% commission offered to the buyer agent side......but, that should be revealed Before even showings of those properties are scheduled, let alone an offer even made.

In considering my next move, I'd like to know what experienced investors think about the scale-ability, sustainability, and future of vacation rentals are!

Would it be advisable to link up with an experienced wholesaler now and work on a few deals or should I focus more on my realestate license and work for a sales company to learn the market.

Love to hear from people more experienced than I!

Many times an experienced podcast guest will respond to the question "what would you differently if you could do it all over again?"