I have a client with 200 acres in TX that I got approved for 40M including horizontal and vertical financing on 180 homes but the county wants them to pay for 180 water meters up front and the lender doesn’t want to include that on the term sheet.

Market rent (CMHA voucher) is $1,550.Questions for the hive mind:Any hidden costs Cleveland rookies miss (water lines, point-of-sale)?

I don’t know when hvac/furnace/water heater become “not new”.

That could be:- Improper window flashing or seals- Poor ventilation- Roof leaks- Plumbing leaks- Or even water coming up from under the house (if there’s a crawl space or slab issue)If you don’t pin it down, you’re kind of gambling with your rehab budget and your timeline.Get a Specialist Before You DecideAt this point, I’d bring in a moisture intrusion specialist or environmental inspector (not just a general inspector).

Investment Info:

Townhouse fix & flip investment.

Purchase price: $387,000

Cash invested: $180,000

Complete gut renovation of my primary residence, 90% of work done by my father and myself. All ...

Automate with IrrigationManual watering is rarely sustainable for tenants or property owners.

I have a client with 200 acres in TX that I got approved for 40M including horizontal and vertical financing on 180 homes but the county wants them to pay for 180 water meters up front and the lender doesn’t want to include that on the term sheet.

Thank you.One other thing I forgot to mention about location was there are lots of little lakes around here where people set up and have good cash flowing and equity building STRs but the cost of the properties are higher but not like Lake Michigan water frontage prices.

And their rent roll combine will allow us to cash flow after gas, water, rent, and setting aside money for capex. 

The final prospect is a $2M+/- direct water access estate on the southern OR Coast that projects well at $180K+ in gross annual income."