Don't think it includes all the design work and furnishings just the appliances and rehab. 

Assume you already have your architectural design and plans and the lot has not been cleared.  

You have a life now that you have designed. 

However I'm unclear how such a change will affect the rentals, especially since I have read that rentals should not be held in an S or C corp (my entity would still be an LLC, with an S-corp tax designation). 

The 50% rule wasn't designed for commercial properties but even their there are crude guidelines as to what works.

You'll burn through that 50 grand so fast and be disappointed even faster.

Matt,Does your $130/sf cost for new construction include soft costs (design, permit, ect)?

Design a life that gives you freedom to learn, grow, and spend time doing what gives you the most satisfaction!  

Hi folks,I'm designing my website and thinking of ways to set myself apart from the rest.

The other issue is that my HVAC guy said the AC unit (in basement) is too small (3 ton) for the 3000 sqft house per code and need to be replaced but my house inspector said the size of the A/C has more to do with design and planning.