I am a GC evaluating building 3 unit row homes on city owned lots.  Cost to build: $280-$300K, 10 year tax abatement from city.  Has anyone done this?  How did you finance? 

As the Branch Manager for RBI Private Lending in Texas, I specialize in offering flexible financing solutions, including bridge loans, construction loans, multifamily financing, and DSCR loans.

A PM may have construction relationships but they are not equipped to understand the complexities of construction outside of perhaps unit turnovers.

I've been considering trying to build one on a plot lans but I'm having a tough time determining construction costs, and financing options.

Does anyone know what the landlord is supposed to do when construction will be occurring on the premises? 

For now, we were toying with flips, brrrrr, buy and hold, multi, even construction of multi, but... the numbers just do not add up in this market, so we are waiting... who knows for what... great deal or recession...

Unless you are doing construction and acting as a GC, owning a property management and leasing company as well as owning real estate, maybe then have one.

However, since interest rates jumped up in 2022, new construction starts have dropped a ton in the area, so within the next 1-3 years the amount of new supply coming into the market will drop a ton, and we should see demand outpace supply again and start seeing organic rent growth come back. 2015-2022 you would see 3-10% organic rent growth per year depending on the property and submarket. 

New construction or turnkey properties could be viable options for you.

If you have your down payment ready and are looking into commercial real estate, long-term rentals, short-term rentals, fix and flips, house hacking, BRRRR, or new construction, I'm here to assist you.