Society and demographics favor smaller units since marriage and child bearing are being delayed.  

He will own 1/2 of about 4M in real estate after 2 years and is already under contract on 2 more developable projects.

We sold a wonderful two unit STR in Depoe Bay in 2024, which generally is a no-go zone but has neighborhoods with specific commercial zoning that allows for vacation rental usages as well as a brand new development of luxury homes that allows STR usages similar to Olivia Beach in nearby Lincoln City. 

Eventually you'll start developing relationships with people in the market that will bring you off market deals, but they have to believe that you can close the deal.

(FYI - this was an SB9 "two unit development, not an SB9 lot split). 

More like  2X to 5X the cash out.. these are done with builder developers on their deals So put out 300k get 300k back in profit plus the interest rate. most small builders/ developers need to have a equity partner so you just do both you lend the money and are the equity partner.. pretty clean..

They are developing along the river so a lot of upside here (look up hazelwood green).

BP Community:I’m building out a list of videos that will highlight the economic development in the specific cities/towns we invest in.

@Todd Fullerlove Love that you're looking to develop relationships with local, community banks in Knoxville.

I will keep you posted on any future developments.”