Our prices on construction projects have to go up significantly to keep up, I am interested to see when that shifts to where most retail customers or investors can't afford to have renovation work done.

This property is being completely gutted and renovated to use as an AirBnB which should bring in about 300 a night (on average at 70% occupancy).

Some patience, sweat equity, creativity & money (= renovations / upgrades) will bring you into great cashflow.

I believe we are at a point where you will see people that are in the business of flipping homes and buying homes that potentially will go out of business because they do not have enough inventory to buy, renovate, and flip, or hold because the wholesale inventory is so low.

I've renovated different properties, but never an apartment building. 

I've purchased 2 condos when the market was just rising to the highest point it has been in a while and renovated them and they sold for a small profit but now I cannot seem to find deals on homes in which a decent return could be made.can money be made on homes close to market value?

Any tips on how to secure my property during the renovation period?

@Sam Westfall I am doing school online , renovating a house I bought, and working full time, I can’t say I recommend it but you can do that too if I can

So my first question is what is a general rule for calculating a total renovation cost of an 800 sqft apartment?

My thoughts being that with housing prices inflated at least a (legitimate) turnkey would help cut through the barriers of building a team/finding a prop/renovating/placing tenant, obviously your margins are still being cut into by the nature of how a turnkey organization's business model works, but interested to hear what others think?