These homes often have an entry point of $800,000+ and may require additional capital investment right away to update furniture, cosmetics, or do unique theming in the property so that it can generate maximum revenue from day one. 

@Brandon Johnson in general you would provide a lender with details about yourself, your experience, credit, the property.

There are many things that could be overlooked as part of the renovation on fire-damaged properties.As far as additional things to consider in the rehab: The challenge with fire damaged properties is that there is more than meets the eye.

In comparison the deferred sales trust has no pending legal cases, has a successful Private Letter Ruling in form and substance, has had 15 IRS audits (3 formal), 2000+ closed cases, DST law firm provides audit defense at no additional cost for life of the trust, and all IRS audits were closed as no change audits.

I can't see the report, you should post the details here.

This accelerates depreciation leading to additional tax savings and cash flow.Historically, a cost segregation study has been a very manual process completed by tax experts and specialized engineers.

I suggest you send them a letter/email detailed the additional costs from the damages and demand payment. 

Your cleaner is your lifeline, and even an additional $50/mo to them is a good gesture I've seen workout nicely before.

Hi Arshiya,Typically a Hard Money Lender will look at your:Down Payment (assets/liquidity to put into down payment) - 20-30% for first time investorsProperty value and After Repair ValueRehab Plan and Timeline - detailed rehab plan with realistic timeline and budgetExperience - not necessary but helpsFinancial Strength - credit score, track recordsExit Strategy - how you plan to pay the loan off

Don't underestimate any of these variables in order to grow on AIRBNB- Research the market- Present the property attractively- Establish Clear Policies and Effective Communication- Keep the property clean- Know the local laws and regulations related to short term rentals.Remember that success on Airbnb is often based on attention to detail and providing guests with a positive and memorable experience.Did you find this information helpful?