Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

For a truly passive experience you'd probably need to be an investor in private equity deals or be a silent partner on a project.

I am researching a project and doing an extensive property visit next month on a project that yields well over six figure in revenue. 

I managed a low end apartment block for several years. 

I have a question and would really appreciate your input.I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that their fees and interest rates significantly cut into my profits.

Typlcally, a lender is going to lend 75% - 90% of the Cost of the project (property price plus rehab cost (scope of work)) or 70% - 75% of the ARV (As Repaired (as completed) Value).

You need to double check underwriting, conservatively project disposition, and stress test the metrics.

Start by going to www.narpm.org to search their directory of managers.

When you say a live revenue manager, what do you mean by that? 

With the hotel we're currently doing or on any other projects he can create an IUL.