What strategies are you guys implementing to optimize this cost? 

Please for your listeners' sake, add this rule ...

If you plan on buying investment properties in the future or after this scenario DSCR would be a good fit as well again No tax returns or personal income required.Lastly Non/QM also offers a program called "Bank Statements" for self employed buyers and it will allow the use of "Cannabis" income. 

I'm new to BiggerPockets and have found this site from "The Book On Rental Property Investing" by Brandon Turner.

To me, this is one of those short-term deals where the actual rehab costs need to closely align with the borrower's estimates, while the execution of the project from beginning to end would require little to no problems or delays for everyone to earn a decent check.

They were a from this to that asset. 

I’ve been making posts about this first duplex we are closing on.

if your immediate market is too expensive, go a couple hours away.hope this helps

The deal has enough skin on it that we will still make a nice profit (its a multi unit with other units so this isn't our whole budget) so thankfully just comes out be a learning experience.

If I'm correct, this situation is why you should have.