Hey @Zack Rosenbaum,That's high but it also depends on what style of building it is, square footage, whether all units have two means of egress, etc.  

Since this is a real estate investor oriented website no surprise on the consensus.

We do have plans to add a 'park style' grill, picnic table, maybe a few fire rings to make for more sites, but still aiming to keep it simple and cheap.

In order to avoid wasting time on a bunch of individual showings with unqualified applicants, perhaps consider doing what I do and host “open house” style showing windows. 

Both lead to that buyer overpaying and taking an opportunity off the board for the investors who have their underwriting completed accurately.I believe its somewhat market dependent but it has become increasingly difficult to make construction oriented deals work in the price points you mentioned.

There are old style martial arts that are outdated for todays times and then there are progressive martial arts that use techniques for real world self defense.No legal advice given.         

I then spent a majority of my free time learning as much as I could on the different styles and strategies that have been utilized in the past, reading everything from Lynch’s One Up on Wall Street to Graham’s Security Analysis, to learning how to build out financial models in excel.

These GPs have a great interest in keeping their potential LPs (marks) ignorant so they will be protecting those interest mob style (dealing with rats).

These relationship oriented lenders will prove to be beneficial as you grow.

The term Diversified Core Equity style typically reflects lower risk investmentstrategies utilizing low leverage and generally represented by equity ownership positions in stable U.S. operating properties.There are currently 25 private funds that are included in the index.So in short, only this froum is tracking private data from an institutional private core-only real estate syndication.They're tracking core-add only and un-levered position.Here is the return of Commerial Private Real Estate core-only unlevered position for 4 quarter :        Q1__Q2___Q3____Q4____Annual 2007 3.71% 4.82% 3.68% 1.90% 14.84%2008 1.15% 0.09% -0.85% -11.04% -10.70%2009 -13.89% -9.24% -7.52% -3.70% -30.40%2010 0.51% 4.09% 5.22% 4.70% 15.26%..2022 7.14% 4.54% 0.31% -5.17% 6.55%2023 -3.38% -2.88% -2.10%  n/aAnnualized net return from Q4 last year : -15% !!!