While every project is unique, the basics he highlighted are essential parts of any construction contract.

Rabbu ways annual revenue for Byrd is $43,125, which is 13.3 annual gross yield. 

Typically, if they can make it work as an STR they go that route because it almost always generates the most revenue.

It's essential to clearly define your goals.

Quote from @Miguel Del Mazo: Quote from @Jonathan Greene: Quote from @Miguel Del Mazo: We have 3 2/1 condos in our portfolio that attract traveling professionals (medical or otherwise) and a triplex that we essentially BRRR'd down to the studs.

Even if I were to rent it out on Airbnb, the cash-on-cash return isn't very attractive.Specifically, I’m concerned about:High mortgage payments and the financial strain it could cause if the property doesn't generate sufficient cash flow.Cash-on-cash return is low, even with high-revenue short-term rentals.My Questions:Risk Mitigation:Any strategies I can use to mitigate the risks associated with owning a high-value property with a large mortgage?

I'm light on capital so paying a mentor isn't an option, but happy to split revenue (pay as I learn). 

Basically ,they have the right to reject your capital and essentially "pre-buy" you out.  

Ok it might not be 1:1 but it will add additional revenue.

Then, just three weeks before closing, my largest commercial tenant—who brought in as much monthly revenue as all 25 mobile home tenants combined—announced they were moving to a location closer to their main office.