The Detailed Engineering Cost Approach is generally used for newly constructed commercial buildings.DETAILED ENGINEERING COST ESTIMATE APPROACHThis approach is very similar to the Detailed Engineering Cost Approach, with the difference being that if there aren’t records for specific costs, an estimated cost is used rather than the actual cost.

Sharing your goals can help others provide more specific advice! 

@Matthew McCarty and @Aileen OuyangInvesting in anything is specific to each individual's goals.

This is highly lender-specific; there are no universal guidelines for DSCR loans like there are for GSE/Govvy loans.

Specifically, I’d like to understand:How to evaluate motel operations and what metrics are most critical.Best practices for managing or outsourcing day-to-day operations.Thanks in advance for your insights—I’m looking forward to learning from the amazing investors here and gaining a better understanding of this space!

They not only specialize in self-directed IRAs and solo 401(k)s but also have an entire team specifically dedicated to supporting BiggerPockets members like you.

Specifically interested in the Detroit area as well.  

I am not referring to PR specifically.  

An investor is going to want to have a specific date they can get their money out of the deal. 

USPS specifically forbade from doing anything like this years ago.