OH no another gambler  and has to live with massive appreciation on the west coast  :)

There isn't nearly enough information on the calculator to give me a real indication of what is actually included in your numbers...but if you're planning for $35k profit...can you also afford to lose $15k...without experience it's possible to have your holding costs be much higher...and your renovation costs be 50% over if its your first project and you don't have actual contractor bids and are just guessing based on having read J Scott's book.

Please contact me with anyone you think would be a good fit for this type of project. 

Pretty practical project management and risk management stuff you will be familiar with based on your military service.Go achieve your dreams.Thanks for the service, keep up the good fight for freedom.

@Erik Sherburne Thats a tough question to answer, it might be best to reach out to a specialist in the area that you invest in as they can provide historical data and possibly help to guide you toward formulating your projection on where the market will end up.

I know several larger orgs that I invest with who will only work with Accredited investors via 506(c) but I've also invested on a few smaller projects that accepted Sophisticated investors, or non-accredited, via 506(b). 

I work on my own vehicle and am always tinkering with some sort of building project.

Take that money and you can:Flip - only if you know what you're doing, such as you're a contractor/handyman, or an architect or good at project management. 

I own a unit in the bldg and get a massive Cap Rate as I bought it distressed.I love zip code 07306 and 07307. 

What other opportunities would you be missing out on by committing your funds to this project instead?