Hi Kyle - we have two development projects currently in DC.

Sounds like you’ve got a solid foundation with your GC and project management experience.

All good reading and listening, education is best and if you want to learn you have to ingest as much information as possible.I read many books that helped me, but my go-to is listeining to at least 2hrs of podcast with real examples per day.One very important things that "want-to-be" fails is to understand that real estate has many different specialities, so you have to focus your time in your real project.

. - Both parties share the risks, including market fluctuations, project delays, or unexpected costs. - It’s recommended to have clear agreements outlining each party’s responsibilities, profit-sharing ratios, and exit strategies. 4.

He prioritizes deals with substantial margins, mitigating rate increases, and actively manages rehab costs to maximize profitability by being heavily involved in the process and GCing his own projects.

and do you have to put additional money into the project? 

Rents started to come down and I had to leave a lot more money in projects that I was in the middle of.  

Digging down is a project I am just finishing up.... it is exhausting but potentially worth it.

I list on the MLS but if the property needs updating I also have a list of flippers for these projects.

We wasted several thousands of dollars with them until we realized that they weren't able to handle the project...After we fired them they turned around and offered me a job ;>) - I politely declined as I don't think the industry is setup to help us.