This integrated approach helps mitigate risks and reduces the complexities of managing multiple service providers.As you consider investing in Memphis, you should evaluate the local market to identify neighborhoods with strong rental demand and growth potential.

Over time equity pay down and inflation reduce LTV (lower leverage).  

Rate will be on the high end, but it can be done with a reduced PPP.

The "highest and best use" for your labor is your current gig, not fixing up houses.If I am missing something, let me know.

One of the rarest commodities here is good hard-working labor that you can count on.

The point of house hacking is to reduce your monthly expenses, so it's not realistic to expect to make a profit living in your primary residence.

I wish I could do more to reduce the power of the OTAs. 

If you already have a preliminary site layout showing the size and quantity of buildings you can put on the lot, you should be able to take that work on some budget construction costs and from there work your possible rents into the equation to see if what you have drawn makes sense cost wise, or if there is a more efficient way to lay the site out and reduce costs. 

I wouldn't.A 50/50 split for money vs. labor makes sense on a fix and flip. 

One of the benefits of new builds is that they tend to attract tenants who are looking for a fresh start and a place to settle down, which can help reduce the kind of headaches you’re dealing with now.If you’re ever considering expanding your portfolio or want to explore other opportunities in Indy, feel free to reach out.