:)Let me first assure y'all that this back-and-forth between Sean and me is in good nature and friendly.

Maybe in the 500k - 1M range and build up a track record of producing results and profits.

Capex is based on the property and what it NEEDS to produce.  

This is why people don't like renting to friends/family because its human nature to mix emotion into the decision making and that makes dealing with managing the investment messy when things go sideways.

The main thing that has held me back in the past is that my income can sometimes be turbulent with the nature fo work I do. 

Naturally, the lowest mortgage rate was my goal, so i started applying for mortgages. 

A well-managed property produces a much greater return than the average investment property.Buy "Every Landlord's Legal Guide" by NOLO.

(Also, the developer is reasonably experienced + wealthy and has personally guaranteed some of the existing development projects - but wants to move away from that)I'm also planning to get some equity in the JV / the broader development company (much less equity than if I were to be a pure equity investor of course). because I do think this could scale to 300-400 homes / yearOf note: These homes are modular in nature - so are faster to build and margins are projected to be attractive.My questions for you all is:Have any of you lent to development assets with cross-collateral from cashflowing properties like this?

So the asynchronous nature of tenant requests, coupled with trying to get them handed out to the right handyman, plumber, etc, are driving me insane.Is this something that can be outsourced without going to a full 3rd party property management arrangement?

Where can you find a property that produces a positive return in that scenario?