As long as you focus on maintaining the property and keeping rents fair, there will always be tenants looking for affordability, especially in urban areas.Financing Options: When it comes to getting capital, there are several avenues you could explore, such as local banks, international lenders, or even partnerships with other investors who share your vision.

We truly believe in fostering community and providing affordable housing while maintaining a high standard of ethical management and resident well-being.We are definitely looking into growth opportunities for our properties here in Norfolk, but we’re taking a careful and steady approach to ensure we can continue delivering quality for our residents.

I still consider myself fairly new to this world, and I can say with 100% certainly the biggest battles are the internal ones, and this industry has given the pleasure of being forced to address several of my short comings, and continue to address them all the time.I find I get the most emotional when I get reactionary, so my constant focus is around honing and suppressing reaction as a whole both internal and external.Thanks for taking the time to write this up.

They include: zoning requirements, building codes, impact fees, permitting requirements, design standards, public land requirements, and federal Occupational Safety and Health Administration regulations and other labor requirements.

Going to guess your PMC vetting didn't include asking questions about HOW they would execute their services.Below is part of a standard copy & paste advice for those looking for a PMC.

You'd be looking at a $4000-$4500 monthly payment on a standard DSCR if you paid off the HELOC and the 2.99%

In PA we have a 5 day standard period to review leases and ask for all info regarding tenants. 

The standard industry practice is around a 1% origination fee, but the borrower can decide how many points they want to pay.

So, they make the process of being an investor seamless and you having to do nothing as they after you closing turn into you management company with a standard 10% management fee (which I am okay with). 

If so it’s good you are reasonable and don’t have an issue with it because there’s probably not much you can do about it. 10 years is the standard is many locations though they do vary.