However the savings come with increased risk and most people are just horrible estimating the costs of risk. 

Here's a detailed guide on how to screen applicants: Application Screening Guide

Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. 

The builder will need to supply a Cost analysis, Blue print and a few other things prior to the Draw being negotiated and set up.The land that you own will act as "Equity" to offset the LTV/LTC so you are off to a good start. 

It's also important to account for factors like maintenance, vacancies, and unexpected costs to ensure your investment remains cash flow positive.

Feel free to reach out anytime if you have any questions or need advice

We include real expenses accustomed to STRs so you can see the actual operating costs.

A separation of the property and the personal also allows scaling into more properties as each new property stands on its own for evaluation.Cons: higher rates and costs compared to conventional (although still should be reasonable and allow for a profitable deal, i.e. if rates are too high, the rent won't cover the financing costs so the rates have to be sensible and proportionate...)

I was wondering what are wholesalers and flippers in the Columbus Ohio area using to roughly estimate rehab cost per square feet?

They are very good at what they do and they have alot of free content on You Tube.