Agreed. . . .

@Jason Malabute I totally agree! 

I live in California, and have rentals in several markets across the country.

I built my first modern 7 years ago and like you agree that some (not all) moderns will age out.

We have agreed to pay them 7% interest monthly if that helps.  

Hi Patrick,I am looking to identify hard money lenders and private money lenders, as well as seeking advice on how to begin funding the first few deals we take on (or if we should even use outside capital initially) My personal credit has been a 15 year battle (due to 2 divorces, multiple identity theft incidents, and most recently a breach of contract dispute with a creditor (they want me to keep paying them but not provide agreed upon services).

While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging. 

I agreed to leave a buffer around the entire development but we needed the allowed density..

Agreed.

Totally agree