The costs sound a little low to me if you are talking turn key including permits, site work, utilities, plans, surveys etc.

@Foley SchmidtWelcome to the community and be ready for a huge amount of information at your finger tips.

Welcome to the site.

@Thomas RoarkWelcome to the community and be ready for a huge amount of information at your finger tips.

I use a different site to get rental estimates. https://propertyprofitcalc.com/RentEstimator

Their site is free, and the paid version gives access to a ton of data.

Given the size of the transactions generally offered on crowdfunding sites, there aren’t enough secondary trades large enough to make the economics work systematically (besides the regulatory constraints) for Broker/Dealers to be incentivized to help LPs to redeem their positions via a sale/transfer to a new investor before the end of the investment period. 

I also have consulted numerous local officials as well as HUD in DC.

VRMCO is the site that lists the propertues but they do not do the loan originations.

I stumbled onto this subconscious thing that I do on BiggerPockets, and I think it would help everyone who is new to the site before they make their first post.