Recently, there's been a study about this market where the new city is rising.

Your best option may be to push the board to get a reserve study done.

I think 50-150 units is no mans land and we stick to institutional level sized deals. his underwriting is too simple. the unit mixes are off we only build studios and 1 beds for fast absorption, the deal is also under parked without a parking study. anyone who uses "roughly" in their analysis isn't sophisticated enough. we underwrite rent growth, asset growth, and a million other assumptions this wouldn't pass any people I know who invest in deals. get with a More experienced operator and read more sophisticated underwriting. 400k per door new construction is crazy. how much is the land? 

The problem here is NOT evidence, it's information deficit, you my friend Albert are simply not informed of such because like the population of U.S. at mass you do not keep informed of such, and understandably so, it's rather "dry" boring and very technical stuff. 

A Stanford study revealed that over 75% of the ADUs built in San Jose between 2016 and 2020 did not have a permit and are therefore illegal housing units.The lengthy permitting process, high construction costs, and shortage of tradespeople are some of the factors motivating property owners and contractors to take on the risk of building, renting to tenants, and/or housing family & friends in an illegal unit.

They were incredibly helpful for me in solidifying what I was reading and learning during my studies.

My point is, don’t just look at your boring initial 7-10% cash on cash return when you buy RE.

Going to college can be a waste of time - if you have no goals that are served by the 4 years of studies.

His time spent on each project is super minimal but I need his ability to pull permits and construction expertise to spot check subcontractor work while I am studying to take the Residential Builder Exam myself to get my own license.

Been studying the STR space for a couple years.