The owner’s $500k liability coverage wouldn’t have been adequate to address all the damages.An umbrella policy, often costing just a few hundred dollars, can provide an extra layer of protection and peace of mind by covering liabilities beyond your primary policy limits.

Having realtors, lenders and repairmen willing to give you time and cost effective services requires the surety of more work.

He wouldn’t give us an estimate, scope of work, timeline (he told me 3-4 weeks, but denied he said that), and wanted to talk on the phone instead of text or email.

It will cost about 2.5 times more on material as well as install, but something that will look nice & last you many years to come.

The process costs between $3000 and $5000 for an attorney to handle the "condo-ing" which requires a master deed and by laws to be drafted and all the filings for the association.

Bridge Loan: Most lenders on BiggerPockets will offer 85-90% of the purchase price plus 100% of the rehab costs.

How on earth do I estimate how much this might be? 

First time home buyer programs to pay for downpayment closing costs and renovation How did you add value to the deal?

If you want a better return I suggest a targeting properties that need more work, invest in lower cost areas, or a combination of both.

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