.● Project the exit capitalization rate (exit cap).When facing objections while raising capital, it's important to dig deeper to understand the true underlying concerns.

I am also considering investing and helping a local developer raise money for future projects and would just love to get plugged in to the local scene in general. 

Plus if rates drop, then it just creates a potential buying frenzy, thus raising prices and the payments don't change much.

deep down, what I like about it is the cost is higher, hopefully there are less people there who have zero money and are like the peddlars at the street lights trying to raise a $500 EMD money to wholesale a property they have never seen 2000 miles away. 

I am actually born and raised in DSM, and currently own and manage just over 200 units throughout the city.

I am investing about 50k which is 3.3% stake out of 1.58mm capital being raised for the deal. 

One year later, still no permits, and just raised the price of our home by 20%!

Getting them to raise their credit card limits to attend their seminars, purchase their CD's, and go on their bus tours. 

Over the year, I fixed some items up and raised rents as 3 out of 4 units were under market.

Then let the long term tenants know that you will be raising the rent.