I think the current rates are more normal. 

For a bathroom or kitchen type remodel scope I will side with you, 1/3 wouldn't present any red flags but not for a more substantial renovation scope and certainly not as a general rule of thumb for all construction projects.

Hi y'all- I'm getting my legal structures & privacy in place and own an STR in NC.   

I’ll be sure to check them out and give them a call! 

I started last year and have completed three successful projects with 30% returns before tax within 3-6 months.

Eventually we plan to rent the ADU for Medium or Long Term rental, and not sure if DSCR loan will qualify for such an arrangement.

I will be in Cincinnati from 11/1-11/3 attending the REIAGC this year and would love to meet with any Real Estate professionals and investors while I am in town.

-What are the experiences of the group in negotiating with the seller/agent to bring the price down because of this fact.....Do we hope to get all the way down to ACTUAL cash flow value? 

I would appreciate if experts here could review and advise whether it’s a good deal based on the numbers I plugged in for CoC.

I'm particularly passionate about Uplifting the Beautiful City of DetroitOutside of real estate, I enjoy Personal Finance, Rock Climbing and long walks on the beachExcited to learn and connect with you all!