There is zero talk of that at the Subto "community" (Bad news interferes with increasing the sales, cuts into the profit margin I suppose). 

If you think it's going to drop if the fed cuts 5-7 times in the next year, it might make sense to look at an ARM with a 3 year declining PPP instead. 

I’ve done rehab before and know how to cut costs there but have never built from the ground up.

They get their cut, you get the property.Of course, you have to figure out what it is worth and whether that's a wise investment for you.

It has definitely cut down on the calls we get from tenants about these type of problems.

Was looking at projections today based on rate cut cycles and chances are we could see rates drop into the high 4's/low 5's in the next couple of years on average (that's based on previous cycles and a decreasing spread between the 10yr and mortgage rates). 

At the end of the month, look for things you can either cut back on or eliminate.Take advantage of tax deductions: The less you pay on taxes, the more you will have to invest in new properties.

Also remember that it is death by 1000 cuts getting a property to market.

Your best bet at that size is not going to be mezz, most of them cut checks at 2mil minimum. 

Look my problem has been people/groups wasting my time with no money.