For single-family or small commercial, the lender is underwriting you—your income, debt-to-income ratio, etc.

How aggressive (or conservative) are you being with ADR for small single-family STRs in this zone?

Sounds like you’re setting a solid foundation with single-family before scaling into mobile home parks, which is a smart long-term strategy.

Run the numbers like a builder, not a landlordNew construction profit comes from tight budgeting + timeline control.Make sure you:• get multiple GC bids• include a 10–15% contingency• stress-test holding costs and delays• underwrite conservative ARVIf the deal still works under conservative assumptions, you’re on the right track.

And I would also not rent to my brother or any other family.

Currently my portfolio is a single family residence in Denver CO and I’m planning on using a HELOC against it as a bridge loan for some of the downpayment and renovation costs.I’ve been trying to build some models on Google sheets for deal analysis to assess deal validity and candidly I think it can be done better.  

Quote from @Jaycee Greene: Quote from @Keri Aiken: Investment Info:Single-family residence fix & flip investment.

A lot of investors here are combining BRRRRs with small multi-family or turnkey SFRs to keep capital recycling efficient.

I have seen this same claim about income approach on STRs, but similar to the residential MF, the income approach is only included for reference and not used in setting the value.Here are some of my thoughts:- in my market refi appraisals are conservative.  

Quote from @Nicole Claibourn: Investment Info:Single-family residence private money loan investment.