Stretch my Construction partner so much that he has no time for other projects?

The IRR Looks like this:So yes, you can do JUST a Cash on Cash Return (CoC Return) and get the same answer as a 10 year projected IRR as in the image above.Also, because you are using a 10 year projection schedule, you really VISUALIZE the Cash Flows.

Obviously, every investor would be upset and pissed off but would it eat at you even more being that you used to live there and maybe even did a project or two in the house yourself? 

-have done at least 7-10 deals-currently working on at least 2 projects -possibly interested in utilizing my college counseling expertise for your high school age daughter or son in exchange for your REI expertise-someone who is genuinely interested in helping a newbie learn the ropes-a good personLooking forward to hearing from you! 

I'd like to use this area because it is centralized, deck is gonna need replaced soonish, and 2 walls for the project are already in place. 

Where do investors go for money to acquire and purchase the property, and also for the rehab project?

I would also contact every local community bank within 50 miles of your location and meet in person with them on your project. 

See table below:I projected the costs until the 30-year mortgage expires.

I was and continue to be a project designer.

@Bryan Dorsey If you are willing to take on a value add project that is in bad shape (not financiable) you can get 2% in non major cities in CT.