This sounds like a simple design question, but it directly impacts bookings, reviews, and long-term ROI.Most investors think in terms of square footage and bedroom count.Guests, however, feel bathroom friction immediately.From what I’ve seen reviewing STR layouts, the bathroom-to-bedroom ratio is one of the biggest silent performance drivers.Here’s why.When groups travel — families, couples, friend groups mornings and evenings become traffic jams.

I guess I'm curious what else she can/should provide me with before I put in an offer, in terms of financials, in order to make sure I have the most accurate estimate of total cost of this property.

From experience, when dealing in financial/property distress, these sellers tend to be a bit less sophisticated, or ambitious in terms of doing the work themselves (which is probably why they're in the situation to begin with).

Praxis is significantly more experienced and has been through many market downturns, and it shows in terms of how they manage risk. 

However, to get to the point of needing any of the above, you need to know, physically, what you are buying; what the true condition of each element is, how soon and at what cost it will need to be replaced; what does your desired Tenant pool expect in terms of floorplans and finishes; and who will be able to perform the needed work to meet your time and money requirements.

Whether the appraisal fully reflects the market is always a fair debate, which is why we’re not trying to leverage it aggressively — even at the requested loan amount the senior position would still be fairly low relative to value.Your comment about what passive investors expect in terms of returns is also helpful.

If you're chasing 14-day closes with a brand new lender, you're either overpaying or the lender is taking on risk you'll pay for later in terms or rates.The guys pulling 90-100 LTC with 7-day closes?

It needs to be more flexible in terms of type and amount of info that can be added and easily retrieved. 

I looked at their Houston Fourplex presentation deck and it appears that the Southpark project is almost the same in terms of building design etc (the interior pictures of the fourplexes are exactly the same).I too am considering investing in their Southpark fourplexes so would definitely appreciate people sharing their thoughts and investment experiences.   

In terms of financing, I would go with community or regional banks.