It’s a tough decision, but we’re adjusting our strategy to align with market conditions and our timeline.Having come from a corporate background, I’m used to doing these kinds of planning exercises.

I have not reviewed BAM's fees but it's likely based on their representation of UNDER 10% "skin in the game" that most of their "investment" is taken from fees deducted from the money gamblers place with them and counted as equity in the deal; this is a common practice in the syndication industry. 

I still have clients buying in Vegas, but it's not as common due to cashflows being hard to come by with the traditional 25% down financing.  

When you say it's too cheap, what kind of pricing are you getting from your various PMs? 

Unfortunately, our meeting is more causal not a zoom kind of meeting.

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

I'm looking into possibly doing a 1031 or reverse 1031, have kind of identified potential markets. 

And that's the kind of local exposure I would suggest to try.  

I have always thought it was kind of pointless to call their current landlord since they are going to give me a stellar review of their rental history if they want to get rid of them.

I have been working and hoping for 15 years or more where I could get to the point and do these kind of projects and not feeling like I am being irresponsible to my family.