I'll look into a bridge loan as this would be a value add but not in that price range. thank you both for your responses. 

On average, refinance closing costs range from 3 percent to 6 percent of your loan amount (again, depending on your location and your lender)

We are an hourly rate firm, but when I take on new work I always provide (and commit) to a range based on the circumstance presented, and then when the records arrive let them know if I anticipate any issues with that range.

The climate of the United States varies due to changes in latitude, and a range of geographic features, including mountains and deserts.

Similar houses look to be in the $1400-1500 range.

., turnkey, small repairs, large renovations, home type, rent range, location)? 

I have seen some potential properties, however most of them would need some form of repair ranging from installing new flooring to repairing water damage and potentially more.I'm wondering how a recession will impact construction costs?

Good deals exist within a range and this range will widen and narrow according to market and neighbourhood phases so if your financial model is outside the current market conditions you will be out of synch. 3.

That range is given because as you look at the type borrower that would be given a loan with a rate north of 8% is less credit worthy and will have limited down payment dollars. 

I'm looking in the $340k and under range so the hypothetical numbers were run based on that.