Third, develop a property management model and plan to keep expenses low and revenue high. 

Renate (Petronella) Kerssens Hi @Petronella Kerssens, Orlando I would probably focus on the PadSplit model, LTRs are difficult to find on market, though there will be deals off-market.

Especially since this tenant is a younger, college-aged person and potentially would be a high risk for things like leaving the gas on.Any recommendations on brands/models/styles for a long lasting electric stove/oven?

Everyone has a different model. 

We feel like a GC is going to be the best place for us to start as we can get a ballpark on "reasonable" pricing as well as other referrals needed from there.All in all any feedback, help, ideas, guidance, referrals or just anything else would be greatly appreciated.Looking forward to hearing from some of you and your knowledge/ expertise is greatly appreciated.

My buyers agents win a lot of deals with our model of providing a 24-hour loan commitment from the time an executed sales contract comes in, disclosures are signed and the buyers intent to proceed is completed.  

We're interviewing tenants now, and are pushing rents above the modeled amount.

@Calvin Thomas fully understand the difference.How do you compare the two models?

I showed them the whole business model and spreadsheet...We ordered the Feasibility study and appraisalThen they gave me a Term Letter that states everything even construction cost analysis by their 3rd partyThats where we are atwe have a GAP of $2.7MWe came up with the strategy last night.. that at the very least we need $1.5M cash to pay a balloon payment by June 27 or it forecloses... the lord will not let that happen.So I have the green light from the Lord to talk to all the interested investors as He is opening up the doors of Favor

Make sure your financial modeling is SUPER conservative with a lot of stress tests.