Following - I'm based in California

A fix and flip is based on your credit, assets and most importantly the property itself. 

Based on cursory reading looks like your purchase might qualify for USDA B&I.

These are generally 12-24 month interest only loans that borrowers will generally pay back by selling or flipping to long term financing like DSCR loans.More on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

You basically need to assign a value to all of the personal property (furniture, appliances, TVs, kitchen supplies, etc) inside the STR and they'll send you a tax bill based on the total. 

In calculating the Net Present Value of the investment, what is the appropriate methodology to use in arriving at a discount rate?

That would be a big dictator of your closing costs as several of the factors are based upon closed price.

Call a local commercial real estate broker and get a Broker's Opinion of Value, or ask for current cap rates based on the Class of property.

Hi Patricia,I would recommend speaking to Realty Exchange Corp, they specialize in everything 1031 exchange and are based in Virginia.

I'm based in Riverside county, CA and am looking to invest out in Georgia.