The returns that investors require is generally based on their perceived risk of the project and the investment period.With my CFO clients who do real estate development, most LPs in the small-scale residential space (SFR & 2-4 MF) are investing for 3-5 years and are looking for a preferred return of 8% with an IRR of 16%-18% for turn-key and 18%-24% for value add.

I think the right investor would do 2 units long term one unit short term. this strategy allows you the greatest flexibility. we are also developing an extended stay hotel that's 58 rooms. the size of the average room in that is 216 square feet and rents for a target $80 per night. our development cost per room is 100k per room with hard construction. the smaller you go the more money you make. if I was to suggest anything it would be to focus on the smaller part of the market and on multiple unit dwellings and finding and identifying markets that meet similar numbers. that will probably be midwest markets.

If the land is in a suitable location, this could open up opportunities for developing 2 homes or even selling off one of the lots, which could lead to a good profit.

Second- these developments where the same person develops, builds, and then requires you to use them for management- they always suck.

I am considering investing into this syndication, they are a housing development syndication fund. https://broadstreetglobalfund....Anyone have any experience working with them?

Do you do any development projects? 

If you are looking to start with development I would check out these resources: https://www.biggerpockets.com/blog/rookie-319https://www.biggerpockets.com/forums/44https://www.biggerpockets.com/blog/why-investors-should-be-f...

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Even developing a mobile home park, affordable townhomes or self storage. 

Has anyone transitioned from a construction manager role with a large company to developing real estate on their own.What has that experience been like?