You would be shocked (maybe you wouldn't) at how the posters who reverse troll try to make it like it was just a simple question (with bullet points and a soft call-to-action).

It’s important to have a clear understanding of both hard and soft costs (labor, materials, permits, etc.) to assess your budget accurately.Projected Rental Income: Research the rental market in the area.

Your policy may also cover soft costs like permit fees and legal expenses caused by delays.

Custom cabinets with soft close on every drawer and for whatever reason buyers really like to see dove tail joints one of the first things they comment on when they open the drawers.

If you are lucky you are working with someone like @Jay Hinrichs how has been working land deals since back in the days when rocks were still soft...A LOT can go wrong!

Are soft costs like permit and architectural fees drawable and when are they released?

A couple months of vacancy, a soft rental economy, or a major expense could eat up your equity.

It's also why at least 3/4 of the people who get into part-time self-managed landlording and come here to post all the time about how crappy their tenants are just not at all a good personality fit for the complicated job, with the right mix of technical and soft skills to make it work.

Several banks offer soft inquiry options, I'd try those out prior to risking the HP.

Yep for one especially in the early stages a hard credit pull would not be useful, just have them do soft checks for the time being and opt out of credit solicitation: www.optoutprescreen.com I could be biased... that said typically working with one lender than can help regardless of where you're looking and having a relationship with that will provide the easiest and most cost effective route long term.