From a peer to peer (not an LP) perspective I think he's pretty darn awesome!

As a lender, I see multiple parties signing a mortgage all the time.

This is why blending different sources of equity within a project that has multiple phases of development can be a more challenging capital raise.Separately, from a GP standpoint, if you can take down the entitlements without LP capital, you stand to negotiate better terms.

Both from how you want to structure your rental property business and how to handle things from a tax perspective. 

The return is generally presented as either the IRR, Equity Multiple, or Cash on Cash Return.Based on your numbers above, is the seller asking $859k for the property?

I’d love to learn more about how you operate in multiple markets and what strategies you’ve found most effective for managing properties remotely.Looking forward to staying connected!

@Drew Sygit wow I was considering the 30 to 40k price range but I'm seeing there may be multiple problems to be weary of from Leins to gas and water lines.

Run the comps, calculate repair costs, and plan multiple exit strategies so you maximize every deal—whether that’s wholesaling, flipping, or holding for cash flow.

I have multiple STRs across the southeast including in North GA and self manage those homes.

Talk with a few realtors in your area and get their perspective.