According to my calculations the raw CoC (20% down) is 8.28% Several questions:1.

Years ago he bought some raw land and built a self storage facility. 

I like surrounding Columbus/Dayton for raw cash flow and Columbus metro for appreciation/cash flow hybrid.

Also is it worth looking at already approved and entitled land or is it only advised to start at raw land and get it entitled ourselves which obviously would result in a larger profit. 

With housing prices skyrocketing, the increasing cost of raw components and lumber, and labor shortages, the idea of owning a piece of income property is just not in the cards anymore for many individuals.

Also is it worth looking at already approved and entitled land or is it only advised to start at raw land and get it entitled ourselves which obviously would result in a larger profit.

Will interest rates increase, which in turn devalues the same raw dollars of NOI because of increased debt service costs?

Two weeks in, I had a complaint of raw sewage in the garage of one of the units.

Additionally, because it is a new construction, it is taxed as raw land for the rest of 2024, which will only be about $30-$40 of taxes for the remaining seven months of the year. 

The cost of raw materials and contractors has also gone up.