Hey @Francis Sirch, I'll message you privately to inquire further on the project.

A unit would come open and he would buy what he needed for that one, which makes alot of sense but seeing other have a different way.My main project that got me thinking about this was  to replace all the shower heads since I provide water.

My first job was plumbing, second job was hvac(licensed), and third job has been project manager and currently Sr.

If it is near the city, meaning more of a rural area, turnover will cost more than what’s covered by a 10% vacancy projection, just because of the lower demand and smaller pool of potential applicants.This is a very unattractive “deal.”

I'm just trying to get where you are :)  I think I have some more learning to do to that ends, although I've overseen some large renovation projects, I just do not feel qualified to make judgment calls on entire houses. 

Depends on the project.

UAB has an economic impact on the state to the tune of $500k per dayConstruction Hub - Multiple international construction companiesFinancial Hub - There are many banking HQ's in BirminghamInfrastructure projects everywhere to expandSports Medicine originated in Birmingham (HealthSouth)I used to appraise prior to investing.

Just one, but a few plumbers have bid out the project prior to me finding the issue.

Appraisal reports are kind of interesting: Comparative sales, city reports, neighborhood reports, project P&L -130 pages of information on this one property.Put utilities into my name, require going into provide company information, slow lines and a few deposits all done.Closing: Signed a million pieces of paper infront of a room full of people.

Loans are Stated Income and look at the cash-flow of existing or projected market rents.