I understand using a PM with a LTR. 7-9% is much easier to absorb and worth the cost vs an average of 30% on a STR depending on where you buy.I am not sure about the 99% comment.

@Zach Ranney it really depends on the work you are doing to it. 

Depends on a lot of factors....sq. footage, does it involve the kitchen, bathrooms, etc. exterior changes, etc. $1000-3000+  That includes communication time, going out to the site to measure, etc.

@Dustin Horner Well, it depends on your comfortability with being leveraged. 

Rates depend on your fico score. 

Maybe 15-50 depending on if you have any other income, what kind of market you live-in and whether they are fully leveraged or not.

Depending on your situation, sometimes, it is better to do a cash out refi.

Hi Justin- I think a lot of it depends on your overall business goals. 

We are listing a home in March so could be poised to buy land with cash as early as April or May depending on how quickly the home sells.

I think it depends on who your target clients are.