This is such a personal question no one can really answer it for you, call around to your local CPA's and compare.

One thing we, as humans, are consistently bad at is predicting the future - especially when it comes to political and economic shifts. 

It is also better than what I would have received for a comparable lot in other locations. 

Anything smaller may not attract larger investors or offer the economies of scale needed for profitability.Design Style: BTR developments often consist of attached townhomes, usually with features like garages and a more upscale design to appeal to renters looking for something between an apartment and a single-family home.Location Factors: The success of your development depends heavily on location.

Those are tiny, tiny obstacles compared to where this process succeeds or fails, and that is with the contracting. 

It also depends how nice it is compared to the other options out there.

Building in Charlottesville consists of a long, laborious process. 

Their guidance tends to be more consistent and reliable compared to the marketers associated with the program.### **Cons:**1.

This can lead to consistent limit increases every quarter, which opens up even more opportunities for growth.Having good rapport or a strong relationship with a credible accountant to help simplify and oversee this process is an amazing idea and highly recommended.

I see a lot of LL compare their old unit that hasn't been remodeled in 15 years and has delayed maintenance to some newer units.... they create a vacancy but jumping to what they see as market and that vacancy and remodel costs them tons of $$ that takes YEARS to catch up on with that jump to market.