The deposit amount when working with a lender comes from the lender - it is basically the amount of skin the lender wants you to have in the game. 

I closed on the land in Jan '22 and permits were approved in Nov'22.

My dad and I (both with access to VA loans) are about to get into the multifam game and how we proceed is really going to depend on the true occupancy rules for the VA and our lender.

On the flip side the clients I fund in my land deals are doing very very well in the foothill subdivision 50 miles or so west of the springs.. but thats the land game buy low sell high.. cant wholesale that stuff it needs to go on MLS to marketed and turn around time is generally 90 to 180 days but nice margins for my clients ..

You just have to get in the game, learn, and adapt as you go. 

If able, speak to them face-to-face at their work, your kids soccer game, church, whatever.

I know many of us didn't get into this game until later in life so my hat's off to you.

We can all do the digging game and question who should have a bigger voice.

It’s a game-changer.

It’s s about knowing how to position yourself in markets where demand remains resilient, even when global STR margins are tightening.So yes, I completely agree that the game has changed, but for those willing to tackle the hard stuff in overlooked international markets with large American populations, the opportunity to combine cash flow with long-term appreciation is very much alive.