It does have an HOA with a monthly fee of $100, I'm usually not a huge fan of rentals in an HOA.

LTVs are tighter, interest-only periods shorter, and extensions usually need fresh equity or recap.Deals that stumble aren’t usually the property itself, it’s absorption, construction execution, or gaps in the capital stack.

You find an end buyer and sign an assignment agreement with them (usually for a fee)3.

They refunded only $250, resulting in a $750 loss on work that was never done.When we finally terminated our agreement with Homebase, we were told we owed over $2,000 in cancellation fees—fees that had never been previously disclosed or discussed.

You can always charge an additional monthly "pet fee" which would increase your monthly rent and can be held towards deposit monies should it be required.FYI, you can only collect a max of 1.5 month's rent for a security deposit, yet you can request a non-refundable pet fee if you choose to accept pets.Feel free to reach out with any questions that you may have, for I would be happy to guide you through it.

I live in a city that can change from middle class to lower class pretty quick and they don't use newly renovated comps, they use the bare minimum as long as its inhabitable.They also start charging higher interest rates and origination fees for more expensive projects, and even add a $1,600 single purpose entity fee.

Can I see a full fee sheet?"

I'm making the assumption that my acquisition calculator is my day zero estimates, so it makes sense for HM points and fees to be lumped into there, and not added into the refinance math on the backend of a deal.Any other Excel hobbyists (or professionals) build their own BRRRR models in excel/sheets?

Short-term capital is extremely effective when the exit is clearly defined upfront.From a lender’s standpoint, the biggest safeguards I look for are:A realistic timeline (with buffer) for rehab, lease-up, or saleA clearly executable exit (refi, sale, or take-out lender already identified)Conservative leverage, especially on heavier value-add projectsBorrowers who understand holding costs and don’t rely on best-case scenariosWhere investors get into trouble isn’t the cost of short-term capital — it’s when delays stack up and there’s no margin or backup plan.Used properly, short-term funding is a tool to create speed and opportunity.

I've already given ADT thousands to this point in equipment and service fees and that would just continue if I renew.