I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it.

To provide an example, I was previously employed in the legal department of HHM, which at the time was a an affiliate management company of a publicly traded hotel development/operation company where we managed  the portfolio of  hotels as well as provided 3rd party management services.

STRs sound like too much work to me.Portfolio income = stock dividends, interest income (from banks, credit union etc), Master Limited Partnerships (Form K-1), Business Development Companies (Form 1099), bonds, interest earned from investing in a real estate debt fund, interest earned from being a private lender

I can't believe what the developers sell these things for originally though.  

.💡 Know Your Prospect: Understand who you're talking to.

Been around for quite some time and have made runs trying to acquire a SS facility and also considered developing in the past but now feel like its time.

With my approach, I may want to come in around $1200 while offering as much or more than most other rentals.So, keep in mind market rent is also based on YOU and YOUR approach to pricing and how to develop the value-proposition you want to offer a tenant.  

Thinking back, had I refi at 10.5%, I probably had to do it again when rates dropped to 7.5%, doubling my overall refinance cost.The other lesson I learned is develop good banking relations.

I mean I would love to share pictures of my deals and developments but I cant figure out howto get them from my phone onto this site so they just live in my phone and all I can do is talk about them.. :)  Personally I dont think the post that we are all talking about was anything but asking for advice..

My husband and I started out holding properties in our own name, and later developed an LLC structure (which also moved to a new structure later on).