If it's a clean property that is expected to be competitive, it's a worthwhile seller investment. 

Competitive rate4.

I know this isn't the greatest time to get into the market and am well aware that Santa Fe is VERY competitive and low on inventory but my life/career is dictating decisions more than the desire to grow a portfolio in hotter markets (for now). 

There's huge competition in wholesaling everywhere- sometimes hundreds of people in every market calling the same lists.

Being an architect is a clear competitive advantage too!

California will be more competitive but you have the equity available for the right property and can utilize the proposed or existing rents to qualify on the new property.

Best wishesMilwaukee has been on a steady 7-8% climb for the last 10 years, we have a chronic housing shortage and according to rentcafe 2024 we are the second most competitive market for tenants only second to Miami, FL.

It says the group has over 700 members. a fraction of those I am sure don't show up.

Competition creates a healthy financial environment and the US will do what it does well circle back around and create a back door and establish new vendors to buy/sell.

If you don't have sponsorship, by definition you don't have a deal - full stop. in some aspects, but but I'd argue in development you have to find land and partners at the same time. you have to have a competitive advantage and local knowledge. may not apply and probably different sectors. we break development up into multiple raises like Series A, Series B, etc in venture debt and discount equity tranches based on what stage the investor comes in for higher returns it's earlier like when we are investing in engineering services etc we recapitalize and spend our money with an equity sale and recapitalization. structured finance is so interesting