I'm in process of trying to solidify a deal with other partners/investors to build an 88 unit apartment complex in a rapidly growing area.

I'm in Lansing and we have one here (RPOAMM) and there is one in Grand Rapids (RPOA) and they are both SUPER helpful when you're a new landlord (or considering being one).

This is great if you live in a rapidly appreciating market.

With the cost of construction rising so rapidly, we're trying to create really streamlined and efficient plans that also create great spaces for people and can be built quicker or less costly.We're down in San Jose, but do work all over the country (and globe), and were speaking with a group in Newport, OR just the other day about a 5-6 unit development.Please feel free to DM me if you'd like to chat about it.

They always talk like this, seeing the potential downside... but hey that's why I call them.This discussion rapidly moved away from the request for more details as they became available and on to the other idea of combining resources to assist some organization ..say umm for instance..some worthy cause... like a group that helps other people.. without asking anything in return.. could even be a website.. hey what about Bigger Pockets!

America is rapidly becoming a service economy, which manufactures very little.

Columbus is the only Ohio market that has seen a rapid growth in jobs and population.Cincinnati and Cleveland, Ohio are solid too.

(https://www.housingwire.com/ar...) were the big shops that were too busy building up massive pools and throwing money at scaling to notice the rapid transformation of the market and vertical rates - the smaller nimble shops with smaller balance sheets that were constantly in the secondary market were able to pivot much quicker.For the same reason that Zillow, OpenDoor failed, at the end of the day residential housing is still an local market and an "exception-based" business, lots of factors make it easier for leaner shops to compete.I also think when it comes to attracting talent, its hard to get people who are used to agency (QM) loans to expand and do DSCR - its a lot more work! 

When the economy of focus starts IMPROVING not DISCOUNTING, very rapidly the FOMO starts taking over and not only take president thought position, but with a power weight in relation to how long they were delaying actions, a boomerang effect.

Providence is changing rapidly, and is definitely a solid place.