Also I'd look at drawing a big circle around DFW and then considering just outside that circle. 

What draws you to multi-family specifically?

With these updates and professional staging, the home was transformed into a must-see listing, drawing significant interest and achieving a high resale value.

With most hard money lenders - you will need funds to start the renovations - since they work on a draw system.

For larger jobs, in quarterly draws.

Always visit the collateral yourself.3. draws are done after you personally visit the property to confirm work has been done and if you dont know anything about construction bring someone who does.This is for mom and pop one of lenders this may not be possible for those doing lending at any scale..

Drop trying to "think like a businessman", "reinvest in your business", "level up" etc - the fewer empty words you pollute your brain with, the clearer is your thinking.Now, off of my weekend soap box. 

And I bought the dip.This is not the first time I have seen a 25% or even a 50% draw down. 

I have heard the argument it is safer for some people to draw and protect themselves while open carry.

And oftentimes they don’t make rent payments and hold you hostage to advance construction draws in order for them to give you back your own money as rent.