A local investor turned me on to it saying that he's followed the same methodology as McLean and absolutely loves it. 

What is the stated LTV and their methodology for appraisal?

If so, I'd imagine you can go over the numbers on those deals with her and explain your methodology.

I feel it could get very expensive, and/or time consuming having a bunch of different contractors come out and give quotes, or even more expensive, a GC.Any input or methodologies on this subject that you all have employed succesffully would be so much appreciated!

That triggered an ancient childhood memory of a song:"Well Senor Don Gato was a catOn a high red roof Don Gato satsomething something something somethingMeow meow meow"etc.

Hi @Raquel, I know this is an ancient post, but I'm just curious to find out if anyone responded to your post in a private message?

He is very "ancient" in his ways and is living strictly off his experience and reputation.

Ancient windows.

The thing about the real estate business is that one can have some success because of a bull market having little to do with ability or methodology.

I think by the way the big city hotels are charging, they are saying the recession is ancient history.