There are some great deals this time of year and the over inflation of small multifamily can be tough to get a deal. 

A picture is worth a 1000 words and a project we helped someone on in the UP was able to gain support and approval by getting renderings done showing what the finished project would look like.

If your "estimate" works for you and your "high estimate" is still workable for you, then you can feel confident that if you use good project management practices that you can manage the project to somewhere between those 2 numbers at worst.

Are you planning to take on another project like that soon?

Look for areas with solid rental demand, typically in Blue Collar America, where BTR projects are particularly appealing.

“Josh, I feel you on this one—it’s a tough spot to be in, but let me tell you, these situations are where the real players in this game prove their mettle.

I would like to be prepared for a larger multifamily project. 

There are a multitude of roles, stages, and responsibilities for each and every unique project.

Just seems to reflect the reality of generally tight market conditions across most of the U.S. currently, tough to find higher returns.

How did they perform versus projections?