This is random but you wrote a really good article a long time ago on bigger pockets about creating a scope of work: https://www.biggerpockets.com/...I really like the checklist form you created for the SOW.

I would think you would just be taking owner's draws as you generate profit if you want to have cash. 

I advertised the property early before I was done to generate interest.

There is a convergence of people being willing to live in smaller/alternative living situations (new generation) and the technology to make it happen (smart homes are here but alternative building techniques have been slow to catch on due to outdates building codes- but the technology is there) I think we are going to see some massive shifts in the next 20 years.

AIRDNA rentalizer has some data that can show you how much that would generate per year.

Outside of some repairs to the home has generated positive cash flow of roughly $250/month.

If you have the budget Destin and Santa Rosa are beautiful places to live that will generate great income regardless of the 1% Rule.

The property manager we've been talking to says we can actually get more income than what the current tenants are paying; however, I'm using the current rates since that's the income we'll generate as soon as we buy.

The loan is based on the ability of the building to generate enough net operating income to cover the loan payment plus 25%.That being said, the lender wants to be sure the buyer / borrower has enough experience to properly run the building.

I'd love to network with some fellow rookies and hop on a Zoom call once or twice a week to work through some random houses on the MLS (I'd provide link and virtual drinks lol) to build our confidence and knowledge base.Afterwards would love to connect with an experienced investor to quickly gloss over a few to see if we've headed in right place, (this might require real drinks if in Houston!