The Median Rent ia the middle rent with 50% above and 50% below.

Any insight on this subject would be greatly appreciated.

Anyone else experiencing this??

Please talk with a real estate-focused accountant on this! 

Quote from @Nick Gupta: Management software does this for a reason.

PAY MORE!

I met with the contractor Sanborn Construction Group but being out of state wanted to see if anyone had worked with them in the past and could give a refferal good or bad. 

I would strongly recommend looking at the BiggerPockets lender finder since all those lenders are familiar with the investor mindset even if this is for a primary residence :)https://www.biggerpockets.com/business/finder/lenders

They just don’t see enough of these deals to feel comfortable with them.That said, I’ve had more luck with smaller regional banks and credit unions.. especially those that cater to higher-net-worth individuals.

With this strategy you could be out of pocket $10K or less per deal and essentially scale at a comfortable rate without over leveraging.