Hi Peter — thank you, this is incredibly helpful and exactly the investor workflow I’m trying to build around.The “see 100 → narrow to 10” mindset is so real, and the 60–70% rule is one of the cleanest quick filters before diving into full underwriting.That’s actually why we started developing FlipScore™ inside FixerFlip — to give investors a fast first-pass signal based on:✅ ARV estimate✅ purchase discount vs ARV✅ rehab complexity (light vs heavy)✅ holding cost sensitivity✅ risk flagsSo the app can quickly answer: “Worth a deeper look, or easy pass?”

They are suitable for long-term holdings of at least 8 years and can also be used for new development projects.- Bridge loans serve as a temporary financing option to bridge the gap between agency or HUD loans.

Think of it as a stepping stone in a longer-term wealth-building journey, not the final destination.One big thing that makes Miami extra tough: developers scoop up a lot of deals off-market before individuals ever see them.

That business model also tends to require being extremely hands-on, which seems at odds with the lifestyle goal of replacing a stable job.So if someone truly believes running around managing low-value homes is a better long-term life choice than a reliable W2 job, then by all means go for it—but it’s not for most.Another way people replace W2 income that may be more realistic is by getting involved in real estate with more meaningful fee potential, which usually means heavier construction-oriented development.

@Alex Morales I think proplab is still developing, it didnt even picked up my address for analyses. 

Rent Butter has already done all this.We helped them develop their tool:)

[See Hospital Corporation of America, 109 T.C. 21 (1997)] The Service acquiesced to the use of ITC rules for distinguishing § 1245 property from § 1250 property.Based on these developments, the use of cost segregation studies will likely continue to increase.

South Carolina has Opportunity Zones, historic tax credits, and other economic development tools that could benefit investors, especially those improving distressed properties.Final ThoughtsInvesting in South Carolina real estate offers real potential, but it requires smart, localized decision-making.

I've developed a decent size buyers list over the years, as my local market is a really good market to be in and price of entry is very cheap.

We have never developed a property before though and would be new to the construction loan/financing piece to see it through.