I have a client qualified for a condo pre Covid but now her hours are cut and she no longer qualifies.

Addition once prepped: 1000 X 200 p/ sq : $200k (all depending on architecture of the home: as a more modern design with a lot of glass and steel will be much more expensive : or more expensive materials would be more expensive also. 

Don't ask him to cut out his profits.

The lenders that pop up in the "mortgage broker search engine" for reno loans are the same ones who, 3 months ago, were spamming me for my brokered <600 FICO FHA business -- the bottom feeders with juiced up profit margins.The service and rate leaders cut them off to focus on their core business, which makes sense.Keep the earnest money small, and the close of escrow long.

While these homes are still selling and having bidding wars on the Eastside, I have seen decent price cuts in particular markets.

Vacancy is a huge cost so I’d focus on cutting that down vs always being at the top of market rents all the time.

For tenants who became unemployed and hours cut I reduced their rent.

I want to start with single family to cut my teeth with REI and moving to multi family.

Its also closer to my job and cut my driving time from 45 min to a 1 hr depending on traffic to 16 min to 20 min tops.

& then the nephew is cutting your communication with the LL/seller.