We have a lot of people selling their homes and having a gap before finding a new one, hospitals with traveling nurses, and other factors which make this type of property desirable in our area.My question is… how does it work?

I like to get construction loans on properties with hefty cap ex costs and factor that into the deal.

These two factors are integral to the "buy & hold" strategy and wealth creation.

ISO- Anyone with experience factoring or securitizing future incentives including lump sum Historic grants, Local Sales tax rebates and Federal Income tax creditsAbbreviated Background - I am redeveloping a historic property.

The biggest factor or problem that I see is that sometimes people don't set their sights high enough, they get lost in the details worrying more about $$$ versus %, or they shoot for an industry versus the product. 

FEMA 2.0 will factor in the risk of a tsunami into the new coastal rates. 

@Mario Casarez hey Mario, Id agree with @Paul Welden - HomeStyle is a great renovation loan program (and is still available) to jumpstart your BRRR investing, but it really depends on a few factors to determine which loan option is best between Homestyle, 203k, hard money, etc.

I don't see a lot of 2 bedrooms in Chattanooga getting $1700/mo in rent, especially not places that are bought for $175k, so those aspects of the deal look good.The 1% rule doesn't take into account a lot of factors, such as upcoming CapEx, etc. 

This implies that the price is based on many factors including expected return and expected risk. 

You'll learn and be exposed to so much.