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.

(You are still listed as the owner just as if they were renting an apartment from a complex) The PMC should have set it up so if utilities or insurance is late, changed names, or any issues, the PMC gets notified immediately.

You manage the listing, repairs, and ording of supplies.

So, when I choose a market for my investors i do some google searches like "Top 10 cities for the BRRR" or "best cities to hold real estate in", "list of cities with the best real estate appreciation over last 5 years.The choice also depends on your capital. 

For Owner Occupied, the test is a max. of 3% of the loan amount for items such as the origination, discount points and processing fees. 

I'm just trying to fully comprehend what all of this means...In order to file for an LLC you MUST have an NAICS code listed as a business purpose.  

AirBnb is easier to navigate as a host with regard to the app, but it's still worth the time to list on both.

@Jay A. recommend checking out and comparing their websites, then their management contracts.CHALLENENGE: most PMCs really only list their services on their websites and brag about how they are better than the competition. 

I have gotten connected with some wholesalers and am on their mailing lists now for off-market properties, so I'll keep an eye on those to see if the right opportunity pops up.

I've also noticed a few listings with retiring owners so I'll be polishing up my seller financing talk track.