Figured we could try to negotiate lot premiums, design incentives and closing cost incentives ourself. 

Let’s say you buy a property for STR in 2024 and take accelerated cost seg benefit.

@Peter Woerner the last refi I did was a no closing cost loan.

The government has a program in place that covers 70% of the housing costs for approved migrants, leaving the migrants to cover the remaining 30%.

If the qualifying criteria and equity are there, you can roll in your closing costs.

The rest of the insurance is all replacement cost.

These will be a $85,000 distressed property with a $102,000 Rehabbing cost and they after repair value would be $255,000. 

Vacancy is costly and while there is no way to guarantee one tenant is going to stay longer than another, talking to people and learning a little about their life and situation should give you some clues as to how long they might stay in your place.The probability of you getting a home-run tenant right off the bat is pretty low. 

They are currently in stage 3 of the development and are offering 10k incentives Builder and 2% Seller(towards buying down the interest or closing cost), home comes with warranty and appliances. 

I was just under contract for a duplex that needed 2 repairs prior to closing that would have cost in the $7500-10,000 range.