Going to try out PayRange, the Shine Pay is slightly more expensive and the one quote about the 20 units appears to be from shinepay as it is the only qoute they ever made... not sure which is better but both look like good options

Projected expenses won't be enough.

Thankfully we are commercial bank clients so our rates are as low as you can get in the market place for anyone who is not Lennar or DR horton or those types.

That ship of low rates that sailed could come back?

I suspect using 100% expense ratio would be too aggressive especially if PM is charging 15%+.  

Getting a mother-in-low to co-sign is not the answer.

Mortgage rates and PMLs are 8-12% plus points right now so the deal has to be a low enough entry. 

overbuilt. just google Austin and over delivered or overbuilt and you'll find your answer. strong market, expensive land, expensive to build. 

So many "investors" bury themselves in complex, expensive situations to protect themselves from some unknown threat to their non-existent business.Figure out if you have any shooting skills (or even enjoy the game) before spending money on $600 Nikes or an indoor basketball court. 

We bought the stair tops from Lowes and had them delivered to our house.