Regarding MBD and their fund, I had six figures invested and they're currently in a bankruptcy so time will tell what happens there.But blaming Sief or Scoutpads for this is incredibly unfair and inaccurate imo.

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But then it got extremely old and the environment felt incredibly cold.Gray makes everything feel too dark and it doesn't invite people when they are looking for a place to live. 

However, I offered them only $7500 down and got a rate of 3.5% on owner financing.I have another deal I'm working on that is a 53 unit portfolio that the seller will carry the note and is giving me incredible terms. 

Information is widely available. 

Purchase price: $570,000 Cash invested: $175,000 Purchased this rehab property in April for a building that is widely overlooked if you don't know the area.

There's plenty of lenders out there that have incredible reviews so might be worth looking around for sanity check

This figure includes the construction of the building but excludes land acquisition, permits, and other associated costs.Cost per Door (Unit)The cost per door, or per unit, in affordable housing projects can also vary widely based on the specifics of the project.Average Cost per Unit: Recent affordable apartment buildings built using public funds, such as Metro housing bond dollars, have cost between $412,000 and $522,000 per unit.

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