Investing in residential rentals can offer dependable cash flow and gradual appreciation, which could help fuel your interest in bigger projects down the line.

Usually it's something like that I feel they are trying to milk the project for extra time when it should be just about done and they start showing up for half days half-assing it while clearly starting another project for someone else.

@Phil Capron Congrats on the new project! 

Does the unit have textured ceilings and over 50 years old? 

That's what it takes to get a project through the life-cycle of 6 - 8 months and then sold.  

I've been working with job titles like construction project manager, who doesn't know a lot about construction but coordinates architects, engineers, GCs etc, the VP of RE management, who also does not know a lot about construction but oversees site selection, lease negotiations, property management, RE accounting who writes my checks and does annual CAM audits, and other jobs like that.

When market shifts they do not meet those projections.

And at the end of the day, using your example and disregarding percentages: if you could buy this all cash, instead of "maybe 20-30k" you would make $70-90k, based on your projected profit and anticipated financing costs.  

We have a lot to be excited about in our market! The gift that keeps on giving! 

Some of them might even will let you walk their projects.