You need to account for Permitting Cost, Construction cost, Financing cost, Insurance costs (Builders risk & General liability), Holding costs, Selling costs, and contingencies for cost overruns.Any specific questions don't hesitate to reach out.

I promptly applied for a no-plan mechanical permit online the next day.

Hi BP members, I have a building in San Francisco that is classified as a 2 unit building, in reality it is x3 apartments, the ground floor work was done prior to acquisition and not permitted.

Or figure out how projects are developed and get one "most of the way" (land leased, site planned, permitted, power purchase agreement signed) and then sell the deal to a big developer.My perspective: My W2 for the last 8 years is environmental and development consulting for oil & gas, renewables generation, transmission, and commercial RE development.

Obtain permits and approval from neighbors to build 5.Hire GC to build home 6.

The cost to get it permitted could be costly.

They got all necessary permits/approvals, etc. and House looks structurally sound and pretty good. 

Regulations:Given that New Orleans has strict rules for short-term rentals, make sure to fully understand the local zoning laws, STR permits, and licensing requirements for B&Bs.

Also, we permitted you to have one dog.

You’ll definitely want to dig into the zoning and permit requirements for your area to get a clear picture of what's allowed and what the associated costs might be.Also, don’t forget to factor in things like parking and whether you’d need to add a kitchenette to make it a viable short-term rental (STR).