A couple of facts: a) Not planning to sell it anytime before 5 or 10 yearsb) Planning to refinance it next year or so, after the renovations are overc) Planning to use the unit with backyard as short term rental- General contractor gave me a very high number.

All things to consider. 5) how do you plan on managing the property?

I ended up looking at the planning documents and it seems like the s8 units will be there for some time.

I'm looking at homes 500K and under and looking to make a 10% down payment (I can do more just planning).

Assuming you did not invest originally.To clarify, I am coming across some opportunities where a sponsor is in the middle of the biz plan, their loan is reaching maturity, they need extra capital, and they are attempting to raise the extra capital from other LPs rather than or in addition to a capital call.They are offering "rescue capital" investors pref equity that is ahead of original common equity investors.

There are nuances to each plan, but I wanted to come to the experienced folks to ask what you would do.

The plan was to live there for a few years and then move when our family grew and hold onto the duplex, which is what we did. 

You wouldn't do a Cost Seg on a SFH that was purchased for $45,000 that you plan to hold 2 years.

I meet prospects, draw plans, price custom homes, do the contracts, meet customers and sub contractors on site.  

@Chandler LegerCongratulations on your upcoming multi-family property closing and your plans to explore house hacking!