not in columbus ohio they don't care about the environment. we are building 7 houses at a time and there's nothing in the way all of this year. new deliveries and prices are very strong. maybe blue states but not something we have to worry about in our local market. land is a buyer's market in most areas too.

Land is cheap and the regulatory environment is favorable.

@Byoung Baejust for a countervailing perspective - the macro environment is just about the worst it could possibly be right now for you to pick a random market in a random state and shell out $50K or more to get a random property and then turn it over to random people you haven't met.  

For those things that require time, ask for amount of time they'll need for an average house in the area given the sales environment you describe for each activity, and agree to a minimum and maximum reimbursement for each item.They'll push for their (ludicrous) 6 percent, and you'll remind them that in Scotland it's done for 1 percent, and that the market in your area is super hot so the house will sell itself with little work.Either you will persuade them, or they will persuade you.You are wrong to think, however, that your preconception of what is involved is relevant to the question of what is "reasonable."

If you can get a big 4-5 BR house with a view for a under a million bucks, i'm pretty confident you can cash flow it with a good return, even in a 6%-7% interest rate environment. 

I literally laughed through the phone at his suggestion, because I was broke, in debt, and in every way and unqualified borrower, and the lending environment in 2012 was probably stricter than it had been since the invention of the 30yr mortgage.

Lenders desperately need/want business especially in this interest rate environment (right now, the main source of mortgage loan business in Florida is rehab financing as a result of the hurricane damages) and one way the big players differentiate themselves is by streamlining the process.

Introducing accredited investors to a diversified stream of consistent monthly preferred returns backed by real estate and real estate backed assets (notes) in a completely transparent environment.

City officials also tout the indirect benefits: a lively entertainment district will boost local businesses and attract talent downtown by offering a vibrant live-work-play environment (Sports developer pitches $250M project next to Louisville’s Slugger Field | Multifamily Dive).

They unleashed pandemic handouts and loan programs that greased the economy (this was not well thought out, contributed to the inflationary environment we are still suffering from and PPP and ERP loans were flooded with fraudulent loans and benefits)These programs leveraged existing corporate infrastructure (banks and the government had little or no operational involvement).