We liked the idea of partnership on a bigger project with the specific MTR strategy in order to increase NOI and exit in 3-5 years.

The art is in accurately projecting numbers, which is notoriously difficult.Forget complex investing strategies as someone new to RE. 

Campus housing has been under tremendous headwinds for the last 4 years.These properties were sold with extremely aggressively optimistic projections, as well as a price that represented a significant premium to fair market value.So sorry to hear about your investment.

It has provided no estimate of when distributions will be resumed.Nonetheless, it continues its barrage of self-promotion and continues to project large profits on current offerings.The proof is in the pudding.

Be very careful with this as a first time project! 

Are there specific lenders which are easier to work with for small multi projects?

Best of luck with your project!

Be mindful of the harsh winters and short construction seasons, which can affect project timing.

I'd love to hear about your projects and offer my help in anyway that I can!

The return on the investment was worth the time spent on the project.