Assets identified in this study include:Kitchen Appliances: Refrigerator, microwave, garbage disposal, range hood and dishwasherLaundry Appliances: washer and dryerElectrical and communication systems: Specialized equipmentCustom Cabinetry, Countertops and shelvingInterior Finishes: wood flooring, carpet, and decorative light fixtures.61.64% of the total depreciable basis was classified as 27.5-year class life.

You could figure out roughly what range the properties you would be targeting would cost and use your own assumptions to come up with something similar.

The average startup costs for me was in the 15k range.  

I like that range per sqft...

With over 15 years in the industry, I’ve had the opportunity to work on a range of projects, from residential redevelopments to mixed-use acquisitions across Texas.Today, I noticed some news about the ongoing expansion of Tesla’s gigafactory (https://www.bizjournals.com/austin/news/2024/10/28/tesla-gig...) here in Austin—an impressive 10 million square feet!

These properties are in a smaller town (Crestline) but within an hour of Big Bear in the same mountain range. 

All were bought with 20% down and the houses (aside from one) were over $200K which was at the price range for where I bought.

What set up costs are there and what's a typical price range for them?

The group home is all girls ranging age 13-18years old.

The max LTV available will range from 75-80%.