Lenders in this space underwrite to a 1.0 DSCR based on Long Term Rents for a turnkey coliving property which has been 30% down on the last 5/6 deals or so I've done with clients over the past two months.Thus, the lenders underwriting criteria are a gut check to the purchase price which is a net positive in my opinion.In my experience, very few coliving deals, turnkey or conversion, would get done if they we're underwritten to cashflow as a long term rental as well.That said!

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

I have experience with this in Ohio, but usually much larger parcels of land to split.

Open to any suggestions from other with experience!

It sounds like you’ve got a solid foundation, especially with your experience in real estate private equity.Once you’ve isolated a market, building your team early is key.

Looking to connect with people who have experience in the area as far as pros and cons and personal experiences

Typically speaking, individuals living on either the West Coast or East Coast experience significantly higher home values which makes investing in rental real estate properties more difficult.

Ask how many units they manage and how much experience they have.

I’ve been diving into larger parcels, seeing them as more versatile for future projects, and exploring the potential for mobile home parks specifically.I’d love to hear from others who’ve made similar moves or have experience with larger tracts of land.

if there is someone who can build at a lower price in Columbus Ohio than us (my partner and I with both 10+ years of construction experience and I bid on a national scale) why not reach out and try.