Lots of folks are pulling out cash based on the appraised value for their next projects and holding for a few years to benefit from appreciation. 

I very much appreciate the honesty around the current state of the market in the area and I will make sure to adjust our projections accordingly.We are excited to start our journey and looking forward to contributing to the BiggerPockets community.

I am a current college student and gained interest in real estate as I am working on a project focused on finding ways to expand opportunities for real estate investors.

Time Commitment - Basically if one of you spend more time on the project than the other they should be compensated for that time.

Are there any strategies here to utilize bank funds for our project?

Nightly rates: Yes, but the benchmarks should also be lower.Year 2 turnaround: What strategies could we implement to project a higher ROI in our second year?

I have a question and would really appreciate your input.I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that their fees and interest rates significantly cut into my profits.

I'm looking to finance the project long term in a way that is helps me create positive cashflow.

Has anyone done such a project before?

There are more duplicity costs with SFH - more roofs, more yards, etc - but I have had and managed both and homes are better in my market.