They did my last project that was a total gut turned STR.

Thank You For a project of this nature, you're also going to need and Architect & Engineer on board for filing, permitting and required inspection... along with a slew of other things to be aware of.

We have two new construction projects getting ready to break ground, 2 cash out delayed financing loans in process, and almost at the end of our first debt cycle, getting ready to emerge into the next phase of our growth stage.

I would get at least 2-3 quotes on projects before you commit to it.

Atleast in my market its usually found on 3/4 units or 2 units that are value add projects.

Negotiating, funding, and doing project management and some of the handyman type work.

If it is under 1% then we use 1.25% in our projections.

I'd recommend getting a free cost/benefit analysis quote from a cost seg company to determine if the tax benefits would outweigh the costs.

It sounds like he is trying to do too many projects and does not have any money to get another one going. 

Next would be a project manager if you have enough work if you are not at that level yet to have it in-house find a great GC.