Hey Alexander,I've worked with Yen Design for architects before and had a great experience.I might have some of those other resources through my network.

SDIRA and Solo 401(k) sound like interesting options for investing in real estate through my retirement accounts.

You should still be able to find a few lenders to do smaller rehabs like that, as long as the ARV supports it, and often times the BRRRR tends to work better that way because if it is in a good Sec 8 area with rents that support the ARV, the refi can work out well.Happy to connect and talk through details if you are interested!

Ironically, in line with your interest in Galveston, I am about halfway through constructing a beach home there (Beachside Village), which I plan to use as an STR / vacation rental.

Hey Ryan - I just went through this with my property in Rollinsford.

He believes the cash flow is great.

However, this would drive down our cash flow.

I would not do the work without either a contract to do the work or some type of interest in the property whether it be through some type of novation agreement, contract for deed or straight sale to you.

You might also have to look into licensing in order to manage someone else's property and see if that comes in to play and how much that might cost.The next question, once you realize what your potential cash flow from this will be, is if the time you spend on it, worth the extra cash you will get.  

So the developers have performed some interesting magic- they’ve sold condos to people who cannot hope to profit on the cash flow.