Just note that Kansas City has a higher population growth rate than St.

Purchase price: $1,500,000 60k sqft office building that we are redeveloping into 78 market rate apartment homes in 2026.

Financing-  build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.  

the GreatSchools rating is low for Elementary, Middle, and High School.Is anyone familiar with the new subdivision? 

They have a formula that works and provides them the rate of return that makes it worth it so, don't feel like you'll just negotiate them out of their shoes like you're Trump. 

I think it really depends on if you are able to increase that cap rate with value-adds post acquisition.

Hi Nick, as mentioned before if you put a greater deposit down, you could get a better rate as a result. 

With high price per door and high rates, you wont find any cash flow.STR market is also very saturated and we're seeing more regulation there.I'd keep the end goal bigger multifamily deals.

Now, you're going to pay for that in much higher rates that you'll get in FHA or even Conventional loans, but if you're willing to bite the bullet on that to get started, then it's a great tool to use.

Look at rent growth trends, vacancy rates, and the area’s economic drivers.