The guest house has STR rental history but the other two units would need to be based on projections. 

Hello, To all my permit expediters and all other contractors, how do you all go about finding leads for projects? 

We decided to outsource major tasks such as septic installation, plumbing, heating, and carpentry, while handling smaller projects ourselves—a decision that proved beneficial.

Any numbers on projected STR revenue?

@Trevor Rutherford I dont deal with FHA at all, only the commercial side of banks so I cant help you there. 

We develop and consult new developers through the full cycle of development.Financing differs from project to project based on your equity, land cost, construction methods, etc.

I am typically managing 5-10 construction projects at a time.

They will look at the ENTIRE cost of the project and calculate what they can offer you in loan amount.

Purchase price: $395,000 Cash invested: $100,000 Sale price: $570,000 Such a fun project!

Campus housing has been under tremendous headwinds for the last 4 years.These properties were sold with extremely aggressively optimistic projections, as well as a price that represented a significant premium to fair market value.So sorry to hear about your investment.