I actually happen to be working a new project related to exactly those questions.

Sponsor does not have 30 disparate projects competing for their attention.

Use conservative AirDNA projections (e.g., 50% occupancy, $1,000/month net) and factor in cleaning, platform fees, and utilities.

Ongoing construction projects valued between $26 billion and $30 billion fuel employment opportunities.

Calculate New DSCR: With the new loan terms, calculate the projected DSCR.

When a developer brings me into a project, we always have a due-diligence phase to vet the site and look for anything that may be a roadblock before the project fully moves forward. 

It currently seems I’m not going to be coming back to the states anytime soon (given the upcoming projects within the next 3-4 years) but would really appreciate any advice on investment rental property strategy as so to start building the foundation for generational wealth/passive income.We have saved a substantial amount of money  for which the original intent was to buy our future primary residence with all cash if/when we moved back to the states.However, that’s not what’s going to build generational wealth and would rather put that money into passive income investments hence, real estate rental properties.

BRRRR is a learning curve and most lenders aren't looking to fund 100% of a project for a newbie. 

The cost was going to be $13,500 for the whole project, and the buyer nor the seller was willing to pay for it.

.* 1.5 miles away from the new billion dollar Inova Landmark project which will complete in 2028* The Duke Street corridor from Landmark to the King Street Metro Station has the highest ridership in the City and will be under construction in 2026How did you find this deal and how did you negotiate it?