But I think you could take this a step further and instead of charging no rent, your rent could be the cost of the taxes and insurance annually.

Construction loans have a fair amount of fees involved.

We have a great community that frequently meets and supports each other in real estate.  

Overall, your next actional step should be attending local REI meet-ups.

I am also listening to the Bigger Pockets podcasts daily during every free period I have throughout my day while trying to learn as much as possible.

Bigger projects (more than 150 units) have a 90-day eligibility review and a 180-day final approval deadline.

I appreciate you listing the steps you took / people you went to in order to fill the gaps.

They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.

Completely remodeled home only minutes to Downtown Pensacola 📍BRAND NEW ROOF, HVAC, WATER HEATER, ELECTRICAL, KITCHEN, BATHROOM, SIDING, FLOORING, LANDSCAPING, FRONT & BACK WOODEN STEPS, AND ALL OF THE FIXTURES.

1st step is to make sure that the electricity is rated for having electric heat by the electric company.