Honestly man my advice is if you plan to do alot of rehabbing, at 16 go find a job as a helper on the side for a construction company.

To also know that # simply go through set-up as if you were using it to run a construction company, it will have you add your calculations for overhead, profit, tax's, the whole-9.

@Jordan Meyer -  I got it with my S-corp construction company. 

The syndication company I work for just a couple days ago raised $9m for a $3m raise for a new construction in Houston.

We do not invest in the city of Newark area because of the difficulties with the rental permits, but also because of the new requirements of fire suppression systems in all renos or new construction which can be very expensive.

I am set to close on a 2 unit, new construction commercial property in central Texas on May 1.

I have been searching for a new lender that will be willing to fund my new construction.

It didn't arise until we went for construction financing after close.When we bought title insurance on the quit claim, we used a local title agent referred by our wholesaler.

While stabilized assets are valued almost exclusively on income, non-performing property valuation includes "other" considerations that appraisers are all well versed in (cost to construct, land value, replacement cost, comparable sales, etc).  

I have been in the real estate industry for 17 years and in construction for almost 30 years (wow, I feel old now).