In my most recent deal with a partner, I bought the land (10k), he pays all costs, I build it, he's building it cash, I put my fee into the deal and that was given dollar for dollar value. it's all based on dollars. so 10k, 25k GC fee on this 720 sq ft affordable house we are doing, plus my realtor fee so my basis is 41k and his is the cash to build which is probably 80k. so I get equity of my percentage contribution. shouldn't be too tough and that's super fair in my opinion. we build at cost when we use a retainer based model and I'm not extending any credit to the borrower. 

Just out of curiousity why would someone choose this model over a short term rental that is isolated by itself (privacy) or a hotel? 

During the past 10 years, we have worked with a variety of large institutional clients in all phases of SFR including: acquisition/disposition, renovations, leasing and management.However, Auben's model is deeply rooted in a strong local presence in each market.Our goal is be local, while also offering an institutional grade service and back-end support.I am excited to welcome two new divisions into the Auben ecosystem as of January 2024, Auben Capital Partners and Auben Development.

Delta makes a couple of low-flow (WaterSense certified models), but you need to check the model number as they also sell 2-2.5gpm models that look pretty much the same.

More details:There are lenders that do values determined by AVM (automated valuation model), not a full appraisal.

We do like the area, like our neighbors, just have the much smaller model home on the street. 

You can't apply the North American multifamily investing model there, as you can't refinance like you do in the US or Canada. 

Maybe you can adjust that model as you see fit...get rid of receptionist. 

I know this is a slightly different model, but I own a property that I leased to a tenant doing STR arbitrage. 

If you do collaborate with investors, I would be interested in learning more about your investment model and the specific mechanics of how you structure those partnerships.As a new investor, I am open to exploring investment opportunities and potentially partnering with experienced professionals like yourself.