A Florida room that has full-size bar overlooking your private pool a serene oasis with a cascading waterfall.

lower the size of your unit and therefore your build cost per unit, your sale price will go down but focus on density and get familiar with zoning and what your city will approve. my best suggestion is to do it in downtown districts where there is unlimited height and unlimited floor area and you can build every square inch of the property and reduce parking because of proximity to transit. property values are higher, rents are higher in downtown markets, there are just too many economies of scale compared to suburban deals.

My knowledge is limited and there are obviously variables in location, size of units, amenities, expenses, TI, etc.

Build my track record and get experience by buying small to mid-sized multifamily properties but I don’t have any money.

They must have a voucher for your size unit. 

Hey @Jason Hutcheson - This is an inflection point moment because hiring the right general contractor can either make or break your investing career.Here in Chicago, our fee ranges from 12-30% depending on the job's size ($25k-$800) and complexity (bathroom vs. adding an addition).Before you make things more complicated with incentives I would just make sure you find some that you know, like, and trust. 

most of what we are looking at is 8 stories and up and 60+ units with construction values around 15 million but minimum 10 million. capital raise on assets that size is 2.5 million to 4 million.

@Diana Mulvihill In my opinion after 24 years of running B&Bs you will get the more upscale guests with two king sized beds not a queen.

., number and sizes of beds, etc.)  

This analysis is demonstrated in our chart, providing a clear visual of how even minor fluctuations in cap rates can impact your investment outcome dramatically.