With our backgrounds in interior design, business development, building brands from the ground up, property management, marketing, and creative direction, we bring a unique set of skills to the table. 

The numbers are fine to get your first deal off the ground, as I wrote above.

That should be grounds to get rid of them.

But we contract with our margin sub $190 per SF right now all hard costs. 2 points 12% for investors. that's in Columbus Ohio for single family and multifamily ground up new construction 85% LTC

Hi- Considering a lake house. What are the pros and cons of building from scratch for the purpose of STR? Has anyone done this? Thx

The US still lot of politics or regulations that may delay the use of AI but next 20 years the AI used to build anything smart from ground zero could be massive.At the end, AI would create more jobs, especially for GenZ, and most likely outside US.

Don't treat them as though they are.I would ask, “does a lender has a requirement to inform me that they are losing money and on shaky grounds?”

from spending my last 10 weeks in miami looking at 500 land deals and making offers and doing underwriting on deals with construction values higher, the playing field above 10 million is so much easier and better and of more interest and separates all the newbies from sophisticated. at my level there is no reason to do small deals. the only multifamily I do under commercial at this point is a triplex we build over and over for out of state investors in Columbus Ohio which is just a unique little niche. tampa I'm not too familiar with zoning or rezoning but columbus is such an old city it has so many mutilfamily properties and rezoning is very easy to get the entitlements for ground up new construction.

There are some fantastic online resources but no substitute for boots on the ground.

Unless you have boots on the ground working off-market deals or even the tax auction, I advise extreme caution.