This fuels the demand for multifamily housing.Concentrating investments in one market allows you to scale faster, reduce costs, build relationships with brokers and acquire off-market deals. 

Hello everyone,I was wondering if any of you would mind sharing a bit on how you first began,and give a brief description of what you had to start with and how you scaled to where you are now.Thanks!

On top of everything above- keep in mind that with every "head in bed" you need to scale up the number of seats at the dinner table, space/seats living room, towels, plates etc etc.

My huge issue with these guys (and Wealthability) is the business formula appears to be the following:Master guru sucks you in with their knowledge via books, podcasts, Youtube, seminar.Master guru tries to hire minions to re-create his success (it underdelivers)Master guru tries to scale too fast and becomes more of a salesman (clients further suffer)I am interested in learning more about this and can deal with negative reviews but the negative ones outweigh the positive ones online for Anderson and in 2023 no less, so this is an active problem. 

I've been a developer for 17 years and your scale of project is one of the easier ones.

It is water front to boot. 69 feet x 250 too narow for conventional set backs.As pointed out before, there is efficiency in scale.

I would like to use private lenders to cover these fees so I can scale higher.

This is a pretty solid take although at the scale those companies are now, 15-20% won't be sustainable long term anymore. 

I'm thinking about scaling and acquiring multiple locations so I know I will need a team soon.

We will have three STRs by the end of the month and our goal is to scale to probably 10 that we will own and self manage.