By the end of 2 years, I could save 50-60k for a down payment, closing costs, and reserves. 

Using the appropriate amount of lights and mirrors is a pretty low-cost way to really make the space feel custom.Unique tile installation patterns such as vertical stacked or herringbone.

You will likely need to rehab for any strategy but Co-Living will be more bedroom additions which is less cost compared to kitchen and bath remodels that are more needed for furnished rentals. 

Interested in learning more about the Sacramento market, feel free to DM me.Purchase Price: $882,250Rehab: $260,000Holding Costs: $60,000Appraised: $1,300,000Gross Rents: $6,800 Have 1.2 into the project and it only appraised at 1.3??

I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.

.$24K in soft costs (permits impact fees etc)$200K (or less) buildout of the house (size tbd on after-build-appraisal) Likely going with 2/2 A frame 1000 sf.

FYI, most of my CFO clients borrow from HMLs that will lend up to 100% of their rehab costs. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I made the mistake of letting someone get in one of my first units that was a bit off the 3 times, they were great tenants very kind and enjoyed their stay and experience with me, but could not afford it when I increased the rent on them, which is something you will have to do because of rising insurance/tax costs.5.)

It cost about $100K, but it would have cost around $200K if she were to do it from scratch.