The developers/promoters are touting it as a highly automated deal finding solution that's good for those who have a full-time W-2...

I personally like to buy in towns/neighborhoods in which no new builds are possible within 10 miles because all the land is developed.

Prices remain relatively low, but appreciation may be slower.Monroe: A mix of cash flow and appreciation potential, Monroe has become a popular choice for investors, especially in areas where new developments are popping up.Appreciation-Focused NeighborhoodsBallantyne: A well-established area with high demand, Ballantyne offers excellent long-term appreciation potential, though cash flow opportunities may be limited.South End: A booming urban hub with a vibrant retail and restaurant scene.

The 2-3% points in extra cost are worth it if you plan on using as I described above because the use would be for a few  months at most and due to that short term use you can survive a rate adjustment up.But, if you have no plan to payoff the debt like when using for a down payment on a long term hold why pay the extra cost for flexibility and have the additional risk of the adjustable rate with the amortization looming when you can get a fixed rate second mortgage. 

CA doesn't have an extra $30b/$40b laying around to do that, not to mention the additional billion to actually do the project to be build ready. 

Then she still only makes 2% extra for taking the risk of you not paying versus a bank.

@Dave FosterAre development rights “real property”?

It happened to coincide with Hurrican Harvey and we flooded during the rehab. 212 extended the HM loan without any extra fees for 4 months until December 31 2017.

The wrong property management approach will lead to the dreaded three:1) high drama,2) high turnover,3) high property damage.Use Household-led Property Management (HPM) developed and perfected for co-living.5.

I’m passionate about the development and redevelopment of these assets.I come from a background as a commercial wholesaler and have worked with respected groups like Sands Investment Group, Hudson Edge LLC, and Vail Commercial during my time in wholesaling.