You can go to the City to confirm but I'd assume the  architect is correct with the timeline and potential costs. 70k for windows and doors sounds like more than enough.

Total cost including acquisition price of $2.35m.I believe we will be able to create a total of 20-30 units in this building. 

GC has a lower cost of capital relative to the average syndicator due to his social media presence.

This is because tenant really can break lease easier than LL, so might as well not have the lease to balance the power as it relates to lease termination   When does AB1482 apply:- is SFR then AB1482 does not apply- if triplex then AB1482 applies

Also, don't forget to properly factor in renovation costs, as unanticipated spending might throw a wrench in your plans, and consider Chandler's market feel to determine whether it's more renter-friendly or leaning toward buyers.

The 70% rule is a common guideline the rule of thumb is to never pay more than 70% of the after-repair value minus repair costs

If you're not currently listening to books educating yourself, I'd start today.A few I'd highly recommend...Buy, Rehab, Rent, Refinance, Repeat - The BRRRR Rental Property Investment Strategy Made SimpleFLIP - How to Find, Fix, and Sell Houses for ProfitThe Book on Flipping Houses How to Buy, Rehab, and Resell Residential PropertiesThis book is not currently available on Audible but a must readThe Book on Estimating Rehab Costs - J Scott

Why would I refinance and pay around $15k in costs just so that I can get a HELOC with them.

It's hard for the PM to make their costs if they can't charge half the first month's rent, and charging half of the first month's rent won't work for the tenant landlord if each rental is only 3 months long.

We usually like to see the land purchased and the permits in hand before we fund the construction phase, but the amount spent on the land and other soft costs go towards the down payment.