But, again, a bumpy start before the road ahead would become smooth.I'll continue this saga in the near future.

For future, never close on a property and allow the individual to remain in the propertyI won’t close unless I do an inspection and house is in condition per the offer.

Yes definitely . 70-75% are hard stretches and very easy to fall into the negative on the project 

I’ve seen many people get creative offering many projects like car washes, propane, u haul rentals, food, etc.

They're no longer projecting cuts for at least the remainder of the year.

Design the layout of the project and budget.

Seeing a lot of success when people have an unemotional optionality for the project and simply run the numbers when the project is complete - put it on the market for sale and for rent and then plug it into a pretty basic spreadsheet!

The option fee counts as a down payment when talking to future lenders.Monthly rent has NO credit going toward the purchase price/down payment.

Debt restructurization is common when rate-sensitive project is hammered when there's change in rate especially with these massive volatility.Now what I see is project with 1.4 DSCR initially is becoming 0.80 DSCR after rate increases 400-500bps. 

I moved here from Florida after seeing the projected growth.