Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I suppose it could be more of a semantic thing, but seasoned RE investors understand it isn't all about the unit #'s, especially when it comes to section 8.50 is the target based on average cashflow.

It's like posting dynamic collateral that doesn't actually reduce the loan balance, not exactly a great deal.When the fed raises rates, they are directly targeting actors like this.

If you anticipate an FHA buyer, subject-to financing might be the better route since you would hold title for the required period.Non-FHA Buyers: If you target conventional buyers or cash buyers, the 90-day rule won’t be an issue, which could give you more flexibility in choosing the structure.5.

Instead of focusing on "persistence," don't you think you need to focus on targeting the right people?

I think since it's 'new construction' I assume it's way more complicated, and I'm sure it comes with different challenges and factors to consider, but as long as you buy it right, have supporting new construction comps, and are confident with your cost per sf analysis, you can hit your target margin - or close to at least! 

But if you know the areas to target (Ormond, Port Orange, NSB to some extent) it's a serviceable area.

That is an additional driver not listed in the above two price targets which could drive the price even higher. 

Step 1 - figure out your target asset class & then your target market. 

This will help you learn about which markets will provide your target ROI.