We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

It's a small shop and we deal with the owner, no one to escalate to. 

I'm a local, CT based investor, flipper, and property management company owner.  

My goal on this platform is to expand my network and develop relationships with brokers, owners/operators, investors, and others who are looking to learn more about multifamily real estate!

Call owners directly and send letters/mailers.  

None the less, its a very investable area and owner friendly state.

Remember years ago an owner didn't like our pricing, so found their own reject of CL.

What is Evernest even doing if all of us property owners are the ones essentially managing things?

:)As for LTR rental terms, usually we sign a 1 year lease where tenants are expected to pay Electric and Gas if applicable, while the owner typically pays water/sewer/trash with the city. 

Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.CCLBA has really cheap parcels for sale for owner occupants.