The end product will be great, as others have mentioned perhaps in other threads, Delta has not increased any of the cost, so there is still a huge equity upside.

Baselane, on the other hand, provides everything you need at a reasonable cost and is tailored for smaller landlords like us.

Also you should inquire with insurance agents about the cost to insure.

For these, costs tend to double across the board, especially for older buildings.

Understand that the cost to the investor is only the cash that's out of pocket. 

The vacation side is more of a business and requires a lot more work but the affordable housing side is less labor intensive. 

When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.

. - Both parties share the risks, including market fluctuations, project delays, or unexpected costs. - It’s recommended to have clear agreements outlining each party’s responsibilities, profit-sharing ratios, and exit strategies. 4.

We needed to build more there but the cost to build has doubled and the return is t sufficient.

So for the first property which will cost over $1 mil to construct, there will be stacked loans, essentially $280K will come from loan assistance program,( the name is not correct but the same idea).