Gas + convenience store, where the gas sales are mainly a tool to draw customers into the C-store. 

We just closed and the "builder" received the first draw which they sent to me so it is possible!

If you are purely doing it for investment purposes, it might be wise to consider not living in the unit so you don't need to divide everything up.

You will also have more cash on hand to complete rehab projects in fewer draws should it be a rehab loan.When using a higher downpayment you'll be keeping higher equity in the property and can often get a lower rate with lower LTV (particularly with DSCR loans).

I took the rents I received at year-end and divided the cash flow from operations by that.

Someone who is less risk averse may be willing to wait to see if rates drop more significantly and take the higher rate for now and refinance down the road but for the less risk averse, it's definitely a meaningful conversation and pretty easy to quantify by taking the cost and dividing it by the monthly payment savings to determine a "break even" period to see if that makes sense for the client.Curious to hear others' thoughts on this.

What is a reasonable price to hire someone to go on site to measure the home and then draw the plans?

(b) these persons that would have been non-productive are now productive (c) people are getting trained and learning employable skills (d) companies are highly incentivized for GROWTH (e) you've effected stimulus in net housing production but with NO added tax revenue draws because it's via an offsetting factor AND arguably a potential net GAIN via expansion of industry leading to mor employment and more income tax revenues. 

What's $5,000 divided by 3 anyway??....

Divide 6720 with 16500 = .40 or 40% annual return.