For your out-of-state BRRRR plan, building a strong local team in St.

Build on both?

Hello Jaycee, CCC is overseeing the horizontal development, provided by our city partnership, and then they will be doing the vertical builds that follow.

They’ll let you know if everything looks up to code or if there are issues to fix.Then, head to the local building department and apply for the permits.

How long did it take to complete those first three builds?

Points I can roll into the cost and don't mind a buy down if necessary.My primary concern is the bleed rate monthly for the build, Airbnb stabilization and the year after while we season it and prep for final financing for long term hold.

Seems like it'd be lower maintenance since it's a new build and in a nice area.

Over 2K a month in costs savings to the building.

If you manage to get this off the ground and do some verified - meaning paperwork is in your name, or company's name, etc - projects that turn a profit, and you build some capital in a bank, you should be able to go right to that lender after a year or two and start a relationship no problem.  

I feel my money is best spent building a portfolio of cash flowing units.