Also, open to any thoughts on going forward from the point of construction work completion when the single family home will be habitable.

Also look for cards that have the longest terms for single fee 0% ongoing (or as close to it) balance transfers (most common is a 3% fee, some credit unions are 0% fee but higher interest, some barclays cards are 1-2%.)Look at repayment terms - some cards make you pay back 1% per month (barclays cards), others up to 5% per month. 

That sounds counter intuitive, but the reason it's true is because with more units, you can afford to save more money in maintenance reserves, you can afford property management or a full time repairman, they are much easier to finance (I've had bankers tell me that multimillion dollar properties are easier to finance than single family homes) and so on. Go

Efficiency depends on whether you have the capability to self manage4. the difference depends primarily on the ongoing fee which can be 5-10%+ in most cases5. 

With backlog of eviction cases, ongoing pandemic, election, protests, public outcry, increasing crimes,  all investors need to proceed with extreme caution.

Vacancy: 3% (saw on ipropertymanagement as the ballpark average for WA state) CapEx: 5%Management Fees: 0% (I'm planning to self manage for the time being, though I know I should consider adding here ~10% to make sure the deal still makes sense if I wanted to eventually give it to a PM)Electricity/Gas/Water/Sewer/Garbage: 0 --> Tenant pays HOA: 0 --> N/AOther: $100 --> As a buffer for having to pay Utilities during vacancies (Should I add more here to consider ongoing supplies for the STR?

My question is, we are interested in using a Private Money Lender (because our income is not good on paper) and would greatly appreciate advice on going about speaking with a Private Money Lender.

If you ever want to chat about how we could work together let me know, we pay ongoing referrals for any management contracts we get and like I said I refer out 100% of the retail buyers we get.

Yesterday, I had the opportunity to drive I-35 all the way down to the border at Laredo and was blown away by the ongoing growth.

I plan on going to the owners at some point and pitching owner financing.