When you're looking at homes, target homes with no HOA, a backyard to add a pool, fully updated, game room potential, and close to popular attractions.

Most potential renters who are searching are not on both VRBO and Airbnb.   

I am a health care worker, I have little to no knowledge in real estate, I am here to learn.

Ok, so let's examine a potential deal:Purchase: 175kRehab: 55kARV: 350kSo right away, I wanna take the ARV and multiply it by 72.5%.

As I understand it, it's the loan amount that requires the down payment not the potential market value of the property.  

You could potentially be making payments on that cash which you aren't even using...A HELOC usually comes with a 10-year draw period that you can use when needed.

At a lower price, good cash flow potential, convenient location, AirBnB potential.

The key for me in this deal (the thing that made it a deal, really) is that it's an area of Okaloosa Island where many were ignoring the potential.

Based on a rough analysis for a project timeline, I believe the total project can be completed in 5-7 months with the team I have available if we get involved in completing the work on the project.Deal Analysis as a whole - Actual Costs may be slightly different but estimates should be fairly closePost Construction Estimated Market Value - Lot 1: $379,000 Lot 2: $307,000 Total Estimated Market Value $686,000+- $102,000 - Cost to payoff HML & Previous Builder- $154,800 - Estimated Cost to complete House #1- $170,370 - Estimated Cost to complete House #2: Includes New Well/Septic $7500, Impact Fees $2100, Permits $1000= $427,170 - Estimated Cost to Payoff HML, Complete Construction on House #1, and Construct House #2+ $686,000 - Total Future Market Value- $20,580 - 3% Buyer Agent commissions as the current owner(Listing Agent) will be listing these properties without compensation- $2,538 - Real Estate Transfer Taxes- $1,500 - Settlement Costs Paid at Closing______________________________________________ $234,212- $27,900 - Payment to Seller for Down Payment made by seller to HML @ Origination (For her to break even)= $206,312 - Potential Return before any Interest/Fees/Taxes/EtcI've spoken to a few HM Lenders and ran rough numbers by them.

Potential good news from the CBRE forecast for commercial real estate.Executive SummaryU.S.