I think Peter covered the best course of action.

It typically covers the structure under construction, materials, and equipment on-site, in transit, or stored elsewhere.

This partner, McGuire is a heavy hitter, is in an excellent position to move the project forward, and they spent an hour on zoom last night (Feb 21, 2022) explaining why they are investing $7-8 Million of their money into the project.

Hi Shayan, You will be able to close on properties quickly and have access to rehab funds immediately if you are able to qualify for a HELOC that can cover both the purchase and rehab.You should be careful though as if you cannot sell the property or you run out of rehab funding, you may end up being over leveraged.

The 2 units that are rented are covering the mortgage so yes there's room to lower the price on the other 2.

Multi Family is much more heavy on the income numbers.

Guests cover the cleaning cost.

I would be looking to use hard money to cover the costs of renovations.

., $700) to cover this, or are there other strategies for handling utilities in this situation?

I suspect I will throw more money at a problem Airbnb has no interest in covering