Looking forward to hearing back from the community.Hi Evan, I understand where you're coming from, but I'm sure you're aware that rent increases are very common and should be expected by the tenants.

I'm looking to understand how the Columbus market may stack up for opportunity in BRRRR's.

People focus on the rates because they are a singular number and easy to understand but you can lose money on a rental at a low interest rate and get rich paying a high interest rate.

Private money lenders or construction loan specialists, on the other hand, are faster and more flexible, though their rates and terms will likely be less favorableFor a more rural area, local banks will almost certainly understand the market better, but connecting with private lenders who specialize in spec homes could provide more agility.

From my understanding doesn't seem as though it would pass through, rather the fund would benefit and therefore returns would be better.

Scenario 1 they don’t or refuse to move- eviction costs and/or lost rent Scenario 2 they move out and Cap ex and turnover costs, lost rent, advertising for new tenants in a somewhat of a qualified tenant shortage, headaches can be avoided by simply having a conversation with the tenant to see where their head is at, and that they understand what your expectations are.

Once the above skills and tools are acquired, understanding the sequential process of the development along its timelines and costs needs to be correctly implemented.

Hey Marc - I understand not wanting to pay for plumbing work, but fixing the issue by getting a plumber might be the best option.

I am a dog lover and completely understand where you are coming from.  

I now completely understand the differences, and while consuming real estate content for the past week on this topic, I have also been leaning towards multifamily and this further cements that.