Renovation delays, refinance delays, unexpected turnovers, or surprise cap-ex items compound when multiple projects are open and capital is constrained. 

You want them to walk through the door and be wowed with something unexpected pulling in off the noisy road.

You can also mention that using electricity from those outlets isn’t permitted since it increases building utility costs.Keep it simple and direct!

The key is balancing quick response times with control over unexpected expenses — having trusted vendors and clear communication upfront makes all the difference.

And definitely include a contingency reserve for unexpected issues that come up during the project.Overall, it sounds like your calculator is shaping up to be a really useful tool for analyzing deals realistically.All the best!

But then there are others… the ones who slow everything down, tack on unexpected application fees or processing costs, or just have terrible communication that leaves you guessing and stressed out.I’m curious  which lenders have you worked with and had a bad encounter?

You have to be ready for setbacks (and a lot of them) along the way: be it lost shipments, faulty products or unexpected costs. 

If you can’t find a way to save it will be really hard to build up money for downpayment, handle unexpected repairs, and deal with vacancy.

One strong piece of advice I heard (and wished I implemented sooner) from Grant Cardone & Gary Vaynerchuk:"Be omnipresent" - market your business in as many (free) outlets as you can.

This can be a leak underneath a sink, handrails, outlets, replacing light fixtures, etc.