Usually, borrowers purchase the lot first and we usually lend to 80% of cost up to 70% of the as-completed value.

Hello,We have a STR in Davenport, FL area and looking for some recommendations for Cost segregation study companies.

I track everything at the "buy" on a spreadsheet as far as income, expenses, CoC return, ROI and have another spreadsheet to estimate and track all rehab costs.

I know a lot of people who do it, I would ask what is your exit. for example we have done it when we were doing some renovations and had a line of credit as well that we were going to transfer the cost too.

I may get flack for saying this but there is a wealth of information available at little or no cost and local REIGs that can teach you about your local market. 

A lighted inspection camera/borescope costs fifty bucks. 

The cost to get the ADU rent ready and fully permitted was $25,000, most of which was the exterior landscaping.

You might win, but it may cost you money to win and hire a lawyer to defend lawsuits. 

What did it cost?

Once you begin to generate leads that fit their recent purchases/want to buy, run the numbers based on the ARV after repair value for after when they develop/fix n flip and subtract cost of build/repair, your assignment fee, and the original cost of the contract.