For larger projects, i.e. a few dozen units or higher, developers usually are running a financial model in excel, like a proforma to solve to Return On Cost, i.e. 6%, etc. 

Learn everything from the nitty-gritty of creating a comprehensive budget and selecting the right contractors to the art of effectively managing renovations.

We are completing a renovation on a Live and Flip and just used a Blue Iris Homes and they were amazing. 

Along with this, would the return metrics like ROI and IRR be based solely on the overall equity invested in the project, or would it be based on the minimum investment or each exact amount invested? 

How can I get financing to repair and renovate it so that I can live there?

LP is 280,000, ARV is 425,000ish and renovation is about 75 ~ 80 grands (+20 grands for closing cost, first year taxes, reserve etc).

.- Property now rented for $1000 per mth- Current Value Estimates: Redfin - $114K, Trulia - $113K, Zillow: $113K; still doing research on comps because the area is hit and miss so last I saw was a projected $100K***************************************************************************************************************************- Navy Federal Credit Union say they can do 65% of original purchase price in cash out refinance - $34K- Hard-money lender offered $30K at 9.9% for 6 months as rehab loan, which I'd use to replace roof, windows, doors, and cutdown at few trees;  then cashout refi for 50% of the appraised value between 6 and 9 % depending on personal credit.

Did some renovation work What was the outcome?

I'm more than happy to jump on a call with you to discuss establishing your development team for the project. 

My background is custom residential, everything from large single family residences to more compact 2-4 unit projects. 50/50 mix between end-user projects and spec homes.