Those people were buying sight unseen and not doing their home work, they were not flying in to see where their houses were going to be located, they didn't have boots on the ground, they only had the turn key provider and their services.

This is all a straightforward math equation.

We are definitely rookies but have been doing the homework for 2 years now and ready to dive in.

Second, @Lisa Marie your thorough understanding of your husband's math is commendable.

Invest mean do your homework no after you buy the property.

gotta just do the maths, are both of these loans on the same property?

As for the ADU project, I am doing my homework now and just decided to start with BP :)  Thank you!

Multi unit changed the math for me in some calculations.One exception to the rule above is syndicating with a PM who also is an LP and receives management fees as a percentage of profits (rather than typical PM fees).

Memphis had 397 homicides last year A real estate salesperson usually is not allowed to discuss crime data or really talk about an area it is a violation so you have to do the work yourself as an investor Do your homework and wish you well in your real estate investing journey!  

Then another 20% down on ~2M for construction.The interest that we would pay is where I think my math gets sketchy.