You also have to be super detail-oriented, focused on continuous improvement regarding the property and guest experience, very in-touch with what it's like to be a guest at the property (and a cleaner of it as well), and focused on technological tools and opportunities. 

Here’s the details.  

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Make sure the estimates are very detailed (scope, SF, $/sf, schedule, etc) to ensure that there is a clear dilation between contract work and change orders.

The most important step to avoid a catastrophe is to create a detailed contract with your contractor.

Here are some details: 1) The condo is in Kona Hawaii and the three of us all live in Colorado2) According to Zillow it is worth just over a million.

Would still love to hear one person give the details of a deal they made and how they have had success.  

My dude, this was the most fantastically detailed response!

These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.

Points and loan details are TBD still as we're just getting the tentative process down on paper as we wade into the details.