They tend to be more flexible than institutional lenders and may lend based on the equity in your property or its ARV, rather than focusing on your income or DTI.If you have any connections with investors or family/friends who are looking for safe investments, you might be able to pitch the project to them, offering them a higher interest rate than they would get in traditional investments.Advantages:More flexible terms.Negotiable interest rates and payback periods.Considerations:You’ll need to clearly outline the project’s profitability and how you will repay the loan, usually through a refinance or sale after rehab.

The kind of person that would take their time to fill out a survey want to select “the politically correct answer” even if it isn’t the real answer. 

Now, big multifamily projects are going up everywhere (possibly entitled years ago). 

They sit empty because the costs to update them to code make a project unfeasible for private money. 

If the GC is performing work on the property, you can only log the time spent communicating with the GC or overseeing the project—not the hours they work independently on your behalf.

I would assume there are some people on here who have gone down the path of developing affordable housing projects for their respective markets. 

I'm working on various projects to get it ready to rent and reduce the immediate capex expenditures once a tenant is in there. 

Have any of you worked on a project similar to this?

Would it be logical to STR instead of LTR after project is finished and I move out (I no longer have to U-Haul furniture across the US 2x a year and I can look for markets beyond the Southeast and Midwest)?

I am going to start another campaign in the very near future once one of my units is filled again to look for the next project.