It offers a low return on investment and takes a long time to get there.Here’s a general breakdown of how you might estimate your return:1.

This bipartisan proposal responds to the urgent need for new housing, with estimates suggesting a shortage of up to 5.5 million units nationwide.Legislation like the HOUSES Act, which has received bipartisan support, aims to unlock millions of new homes by using underutilized federal land.

>appraisal just came back for $235K when we had estimated along with our real estate agent an ARV closer to $340K based on comps. in My market the refi appraisals are more conservative than appraisals associated with offers.  

The first chart shows the estimated return on a 100k investment where 100k becomes 193kA couple of questions:1.

When I purchased it, we were only estimating the ARV would be $230,000.

The ARVs will be high by using bad comps and the rehab estimates are almost always super-low. 

Obtain estimates for planned renovations and confirm if the allocated budget is sufficient.

In 2024, it is 60%.You may also have an option of applying a different method (Section 179) that can give you 100% on some of the cost segregated components, but this has its own drawbacks and complications, so it needs to be discussed with your accountant beforehand.Also, have your accountant estimate your potential tax savings before ordering cost seg.

I know how to get fantastically accurate estimates for simple single-family deals but was wondering if anyone had advice on where to start for running numbers for 50+ unit deals.Also, if anyone has any advice on helpful systems and technology - or for managing larger scale real estate businesses to be a valuable partner, I'd gladly listen. 

my personal rule of thumb: $0-$1,000   1 or 2 estimates  $1,000-$10,000    3 estimates min.$10,000 +    5 estimates if possible with full break down of services Unfortunately I don't know of any contractors down there just wants to say Congratulations on your purchase!!!