We are a Chicago-based GC-tech (general contracting technology) company but expanding into the Atlanta market where my partner is.

Should it be based on the lease value or is negotiating something based on my costs incurred plus time and suffering the better route?

However after all the work thats required which includes landscape, parking lot, fencing lighting and interior/exterior work, it looks like the presumed cost of remodeling it will be double that, although Im not positive (still taking bids).Ive priced a comparable property in our area which has similar square footage and lot size and they seem to be going between $700-800k, and so my question is: based on a higher than expected construction cost which is necessary to finish our project, one which will exceed the amount of money of what a similar property goes for in our neighbrhood, should I continue with this project, or an alternative plan would be to simply beautify it for approximately 100-150k and ditch the plans, and flip it instead for approximately 700-800k now that its zoned commercial.My fear is that if I do invest the moneys to finish the project over the budget I initially priced it for, and the business doesnt take off, I would initially lose money on this investment.Thank you for taking the time reading this.

As well as high quality social groups for real estate investing on forums/internet sources.

I would do what makes you sleep better at night, not what some fella on the internet tells you to do.You can read what they have to say, but they aren't going to bed with your stress, your problems, your goals, and everything in between.

Softwares can have differing "freshness" of data based on locations they support.For example, one software may update their pre-foreclosure list for Akron, Ohio 1x a week and another 1x a month.

Hi Leanna, Given the work you've put into the property, you can refinance based on its new value without a seasoning period.

That 6.1% number is based on 4,089 Charlotte MSA Single Family properties held by a large SFR REIT.

You don't necessarily need a really built out one though - even just using an AirTable base (there are a lot of free templates out there) would probably give you what you need to stay organized.

You can register your STR's at the link @Carrie Foley provided and the current response time is ~2 weeks based on my submissions.