Purchase price: $120,000 Cash invested: $370,000Completed a co-living new construction project in St.

. 💪 what's this have to do with new construction and development? 

I was previously in construction equipment rentals and did real estate on the side.

Short term it is difficult to make the numbers work, the cost of new construction and the time it takes to zone-plan-build are usually the main reasons why private investors stay clear.

The already-constructed home is one point on the base of the triangle, and the other plots comprise the rest.

The two existing LTR units (on my family’s property) were built 5–8 years ago at a cost of about $80,000 per unit, so I’m estimating a 20% increase in costs for the new builds.My plan is to use the equity in the land as the down payment for the construction loan, which I expect will make closing costs the primary upfront expense.

With your background in the Air Force, MBA, and construction, you're in a great position to launch a real estate venture.

I’m looking to invest in nearby areas, focusing on fix-and-flip projects and new ground-up construction.

There’s demand for rentals in the area, and multi-family properties tend to hold value even in market shifts.New Construction: With SWFL growing fast, new construction is a big play, especially if you can tap into neighborhoods where demand is rising but inventory is still limited.

BUT, I am sick living in construction and would like to move to a new home and then finish fliping and sell or hold the two homes asap.