Where you fall in that range will be dictated by bedroom count per unit and the quality of the area/building itself.

At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.

I have over 100 lots to build . utilities in place 800 people on waiting list for section we need houses.i am also a sec 8 landlord 

On my new builds we hit the double cash on cash in certain markets sometimes its only 50%.

All contact, maintenance, inspection, lease, anything is handled in a queue....not a call.

Seeing your intro is a breath of fresh air.. what's your next step in building a strong investment network?

Some condo buildings with different zoning you can find 1 week minimums and only 1 building I found has a 1 night minimum. 

I'm currently trying to build my list of interview questions that I would/could use when it comes to screening and finding the right Real Estate Agent.

Quote from @David Cooper: Quote from @Lauren Sanford: Quote from @Jim Rice: Lauren, really just trying to put together a group that would what to meet up if possible and share education, information & build relationships.

I am new to this industry excited about getting started and to my make my first deal and start to build wealth for my family  Congratulations!