They’re simply projecting their own incompetence onto you.

I’d recommend starting with local value-add deals to get a feel for the challenges of managing rehab projects.

But this was a project.

It takes the right borrower and the right project. 

I'd look at crime rates and I'd also look at multifamily supply projections to see how many units are expected to come online in the next few years. 

I have a senior living project with entitled land ready for development, and I’m exploring options to attract investors who would see the value in this growing sector.If anyone has experience or can recommend a specific approach or network in our area that would be worth exploring, I’d appreciate the insights!

Congrats on your first project.

@Harsh PoshtiThis will be dependent on the area and I would recommend you perform a market study to determine which project would yield better results and if either is even viable.

I'd want to know their rent projections, what needs to be done to hit those projections, and what could optionally be done to get even better numbers. 

Your engineering and project management background must be a huge asset in analyzing deals and market trends — perfect for the dynamic Bay Area market.