Basically instead of the flat bottom of a vinyl product you have a rubber waffle underneath and an interlocking zipper type connection.

Break out single family/condo; then 2 units then 3-4 units all have different rules. 1-2 units is far easier to get approved verses 3-4 which have extra conditions to ensure that the whole project cash flows with market rents minus the one owner occupied unit. 3-4 units you need much larger down payment - as in no 3.5% downSecond home programs are for one unit types: SFR/condo/townhouse.Owner occupied means you live there and your insurance policy matches.

Do you have single project in mind already? 

Using good project management, you can manage the cost of the project as you go by adjusting the scope of work, negotiating better deals, or extending the time frame.

Asset class - is it a class you want to be inUnderstand higher the projected return the more risk you take on.

One notable project involved a complete renovation, including the addition of 3 full bathrooms and 4 rooms starting from scratch.On each flip, I've generated profits ranging from $30,000 to $80,000.

However, based on my revenue projections and factoring in a 25% commission for professional property management, it seems unlikely to generate significant cash flow unless they can significantly boost revenue.I'm open to working with a professional PM if they can guarantee decent cash flow.

The applicant has no verifiable income (he is an artist and woodworker), but has basically zero debt and an excellent credit score (almost 800).

HI,I am using a contractor for a full apt gut rehab, I would like to know if anyone has a contractor's contract that I can work off (of course will add or take off accordingly) he is a new contractor, so he doesn't have one,  [I am using him because I have used him for past several years on smaller projects, so I know to trust him.]Thank you

Hey @Matthew McKiddie, I'm a land development civil engineer here in Austin and have done quite a few projects in this size range all throughout Austin and the suburbs.