My first word of advice, if that is what you are proposing, is to make sure you are ready for all that means.  

So FHA has two sections:FHA section 203(b) is intended for properties that are move-in ready.However, FHA section 203(K) enables homebuyers to finance the purchase of a home and the cost of its rehabilitation. 

(or their forward hedge. which also cost a lot of money) The market for mortgage backer securities sets mortgage rates not the lender.

The center has an extra 20 acres of greenfield zoned for additional retail.We know there is pent up leasing demand, but not sure what is current development costs as we haven’t built a thing since before Covid.Anyone can shed a light as to what is the current per square foot average these days?

I am not as concerned with cost and would prefer quality and transparency.

If you are looking to continue in the Virginia area, feel free to send a connection and DM.

A simple mistake can cost you more money or time.Here's a pretty good guide: https://www.clarkcountyohio.gov/DocumentCenter/View/5210/CCO...

The new investment earns $24,000 a year, but the mortgage + the equity loan cost will be $22,332—and that’s before you account for taxes, insurance, maintenance, capital expenditures, vacancies, etc.

Does it usually cost money to have a contractor come out and do this?

The right locations are crucial for our success, affecting costs and member satisfaction.