Does the cost of the study scale with the size of the investment? 

It’s an off-market land deal I found by driving for dollars and snooping through my county GIS maps for vacant parcels in areas I liked.The plan for the property is to act as an owner-builder and build a small single-family home for my family that will technically be sized as an ADU.

Looking at recently sold properties with similar size, condition, and location can help establish a realistic value range. 

Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.Horror Stories from those that did NOT Understand What they were Buying:https://www.biggerpockets.com/forums/48/topics/1137397-baltimore-a-path-to-never-ending-painhttps://www.biggerpockets.com/forums/432/topics/1231840-sell-at-a-loss-or-rent-at-a-losshttps://www.biggerpockets.com/forums/311/topics/840134-memphis-turnkey-tenant-turnover-costshttps://www.biggerpockets.com/forums/963/topics/1195280-experience-of-oos-investing-in-cleveland-after-15-years

I believe we might be comparing different sized assets the properties i would start on need a team of about 5 people (manager, maintenance team, accountant, me as manager and GC and investor knowing how to do due diligence and rehab costs and my lawyer and my trusted subs ive used for years.

Appreciate you adding this, Daryl — really solid game.The parts about carrying costs, permits, and cost of capital were big reminders for me, and I’m making sure I factor those in up front now.The street-view/neighborhood tip is huge too — I’m definitely going to be paying more attention to that when I’m analyzing deals.If you’re open to it, I’d love to learn more about how you size rehab or double-check ARV when you’re running numbers.

For landlords expanding beyond a few properties, traditional income documentation can slow momentum.At what portfolio size did you shift toward DSCR or alternative financing structures?

-What acquisition criteria are you using (neighborhood class, price point, property type, condition, layout, lot size, etc.)?

The property is owned free and clear.That’s helpful perspective — I suspected the cost of capital would be the bigger factor than qualification.One issue I’m running into is minimum loan size.

Hey @Juan Lopez - there are lots of options out there so it will depend on the size of your portfolio and what exactly your needs are but if you are renting out 1 unit so far then you could go with some free options (e.g.