As a backup plan, if I have to go with a local PM company that only leases the entire home, could I use an addendum to add additional tenants to the existing lease while ensuring everything is legally structured?

in a stick frame market and one of the cheapest markets to build we build with margin at $190 or so a square foot. that will go up over time about 5% or 10% a year to keep up with new build price increases. we are buidling a 3 story walk up and source some of the lowest priced crews.

I did it to get an answer, I didn't think I was actually going to be invited onto the podcast though. 

I think if you leverage 70% of it you’re going to seriously cut into your cash flow and personally if I was going to have $7M in debt I’d prefer it to be spread over several projects built slowly.

Was just going over with my wife both the increase in Occupancy revenue change and the 2023 versus 2024 Marketing spend for this location. 

People are being bombarded with spam texts and calls all the time - no matter what these companies say IMO a ton of people are absolutely tired of these sorts of communications and going to start assuming/flagging anything like this as spam

Any semi-intelligent agent is going to do the math and want to cover their expenses.

We plan on starting renovations on the unit in X (I would say a date but in reality have a 2-3 month buffer), and based on this we are no longer going to be renting the unit out.

If they go under, your sh!

They have a vested interest into keeping everyone happy because it is way easier to keep a client then to go find a new one.