@Jeff Nash and @Doug Smith - We are soft piloting a partnership program with Real Estate Professionals that want to bring this to their local market. 

#4 Big Bass Lake - GouldsboroWith lesser known popularity, Big Bass Lake may come as a surprise at number 4 on our list.

You should have $150k in mind though so you're prepared for worst case - and also to allow for soft costs (permit fees, etc.)$75-90k is typical for a garage conversion ADU in Sacramento.

How much cash have you already injected into the deal including soft costs like architectural fees, permitting, etc...that you can document.

I have some soft quotes for bank debt but I'd prefer to stick with private debt if possible. 

One of the issues is that the floors were replaced as part of the rental in 2022, but months later they began to feel soft.

We build high end for $600/SF all in - soft and hard costs.My question, just to throw out there and brainstorm, out of the 4 MF lots, what type of mix would you throw out there?

Although tends to be regional a lot more than passive investing.. there are still red hot markets in the US for new builds and some markets are very soft to declining..

They're not like big conventional banks after all (correct me if I'm mistaken).I found one that does a soft pull so I'm thinking there's nothing to lose. 

Turnkey providers often exclude a lot of the "soft costs" that always come with owning rental property.I work with a company and all we do are BRRRR type deals in Detroit for cash investors.