I'd be willing to bet the cost of repairs will be a lot higher than just the roof. 

just the numbers are not real in todays market yuo will learn by reading the forums.

I just want to know the rules that are relevant to finding comps for a subject property in 2024.

@Adaze Foltz  Benefits:Direct to the source; more control over the receipt of the funds (initial and any rehab draws); able to not just establish a relationship, but also perhaps gain referrals of other private lending sources (those that are happy with the returns and payoffs - talk (boast) to their friends); faster to the table; can negotiate the terms (rate, when payments are made, other fees and when they are paid, etc.); usually nothing reported to credit bureaus.Risks:Using up the private sources money (tapping them out); The private lender didn't receive their payoffs on other loans as anticipated so they are short of funding your deal(s). 

I too am from louisiana and just getting into the game.

I just took a leap and bought. my first two investment properties in the greater Huntsville area as a out of state investor!   

These current proposed changes are just effecting Denver for now but are meant to realign with the changes the state made recently, and future changes in other districts in the metro area can often be modeled after changes in Denver properIf you want to make a comment or pose a question it only takes five seconds here

. - I didn't search for non-recourse, that just popped up by dumb luck. - The 3rd lender, on the right, with the best rate, requires that one borrower/sponsor be experienced in the asset class, and that they personally live local to the property. - 1 regional lender (Pima + 1 other county), 1 state-wide lender (AZ), and 1 national lender, not in that order, is represented here. 

Just keep in mind that construction costs can add up and timelines for building can vary.

Mostly just cash flow rental property right now I have A primary residence so I’m not looking to move in anywhere for now