Maybe being it’s just my phone for being an Apple user but at times it logs me out of the app automatically when I’m trying to scroll through, the functionality at times seems a bit weird in the app but overall I’m happy I’ve downloaded the app and started listening to the podcasts.

It's apples and oranges to comment from the institutional lending perspective on guys that just want to invest their personal funds and make paper.

We were thinking of going to a private money lender that reached out to us and he has offered to pay 80% of the total cost (purchase, rehab, closing costs & 6 months IO) or 70% of the ARV.

None of this matters to you though, just compare apples to apples.

If Johnny has 10 apples, and 20 people want apples, how low will the price of Johnnys apples go?

Check out sq ft price for an apples-to-apples comparison (of apples, ha ha).Of course, it all hinges on what property type you are looking for. 

That should cover him and you, all verbal is dangerous as one contractor might miss a lot, one might expect more work, then you'll have apples and oranges bid.

That's all good and well but I am sure there are bad apples in every industry. 

I grew up in Cupertino CA.. ( land of Apple) Before apple existed.. this community was 99% Caucasian. 

When running comps to gauge market demand, vacancy, and rent, I would advise against comparing STR stats to MTR projections simply because it's apples and oranges.