Make sure the estimates are very detailed (scope, SF, $/sf, schedule, etc) to ensure that there is a clear dilation between contract work and change orders.

Points and loan details are TBD still as we're just getting the tentative process down on paper as we wade into the details. 

Did you have a clear detailed scope of work? 

You also have to be super detail-oriented, focused on continuous improvement regarding the property and guest experience, very in-touch with what it's like to be a guest at the property (and a cleaner of it as well), and focused on technological tools and opportunities. 

Here are some details: 1) The condo is in Kona Hawaii and the three of us all live in Colorado2) According to Zillow it is worth just over a million.

Here’s how we handle applications:Income Verification: We require proof of income that’s at least three times the monthly rent, verified through six recent pay stubs and a detailed employment verification process.

And you need to keep detailed records of all repairs and improvements.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Additionally, the presence of POHs vs TOHs introduces further operational complexities and elevates overall costs due to increased maintenance and management responsibilities.However, without detailed information regarding the specific septic system configuration (gravity, pressure distribution, mound, cluster, etc.) as well as the system's age, historical performance, and required maintenance frequency, it is challenging to derive a precise expense ratio.

I prefer not to do this just because of recapture when I sell the property.If I phrased anything in a confusing way or more details of necessary to answer, please feel free to ask me any questions.Thank you so much for any help or direction you could give me