Good luck!

Good Luck.Dan Dietz

If you're on a budget, podio (or if you need a ton of customization for very specific situations) custom built podio setups is a good place to start. 

All of these neighborhoods are also good for LTR as well. 

I also HELOC'd my primary resident and then took out personal loans to fund the improvements.

An approach you might want to take, is to break down each component of the rehab into its own price per sqft/linear foot/units for both materials and for labor.for example you might find that flooring costs and average of $3.50/sqft labor to install + $3.00/sqft for materials X square feet = cost to refloor+ always add an extra 10% for unforseensSo you would just need to do this for every part of the rehab based on what needs to be done and what level of finish you are going for.keep in mind that some things are measured by sqft, like floor, and others are measured by linear foot, like trim, and some are measured by total area, like drywall and paint, and yet others are measured per each like tubs and toilets.A good place to start with figuring costs is The Book On Estimating Rehab Costs by J.

Not for this project but for next one maybe.If you have a good deal, you will find it.

A lake town has a much lower chance of this working, but it is still a good metric to consider.

It all sounds good it really comes down to the attorney you have to structure it in a way that allows for greatest flexibility in case you know what hits the fans.I had that happen a few years ago in an equity deal and we had the other partner buy us out of the deal because it was taking a lot longer than they anticipated.

It's no guarantee but it's a good place to start.