This is doable depending on your experience and the current state of the property.

It depends how much you’re have. if you have a small amount it could be 10k.

Mark and I are open to doing a deal on our own or doing a JV as well depending on deal size.

Updates/Upgrades with a 2-4 years payback will be done depending on my overall goal for the property.

Depending on your situation, sometimes, it is better to do a cash out refi.

Also depends on how much capital you can raise, your experience, and what returns your investor base is expecting. 

I understand using a PM with a LTR. 7-9% is much easier to absorb and worth the cost vs an average of 30% on a STR depending on where you buy.I am not sure about the 99% comment.

@Lisa R.I'd say that depends on what the attorneys have drafted up.

Depends on a lot of factors....sq. footage, does it involve the kitchen, bathrooms, etc. exterior changes, etc. $1000-3000+  That includes communication time, going out to the site to measure, etc.

Rates depend on your fico score.