So over the years we've developed some rules of thumb for determining potential renovation costs based on information provided in a listing, including the pictures and anything we find in public records on the property.

I talked with a gal at the county regarding licensing of STRs and it sounds like a bit of a process and may come down to a public hearing where the public can oppose your licensing.

How do I obtain these goals when the horizon is so turbulent?

Does the property have public sewer or is it on a septic? 

I was reading that I’ll have to get creative with my financing being that obtaining a traditional loan may not be available to me.

At the risk of getting a royal public smack down, I am going to provide a link to what I send out to potential investors in hopes that the feedback will be a help to others as well as myself.

I recently obtained my LLC after the stimulus checks were put out.

Then and only then would I proceed with the deal.Regardless if it is a wholesaler or not, you need to know how to obtain accurate numbers (ARV and rehab) so that your purchase price makes sense.

It's one unit off from your goal, yet obtaining a residential loan is much easier compared to a commercial loan.

I've been investing in land for the past 3 years and making decent returns by either adding value with obtaining development approvals for tough parcels or subdividing larger parcels and selling lots.