You might be surprised at the wealth of knowledge and support you might find in that niche area. 6.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

They may surprise you with their honesty and that may make them a better syndicator actually.

If it's not and you've profitably developed land like this before, then by all means DIY.Yes, the MM will make some type of money on the deal, but I wouldn't be surprised if the 5-6 developers only work with MM as they're not interested in teaching a landowner how to develop land. 

I would find that surprising for L-ville though.

Solid house and a good location, so a little surprising to me.

In the case of a damaged roof, replacement cost insurance would pay for a new roof, regardless of its age.The right combination of coverage and policy type can safeguard your home and investments from costly surprises.

I would not be surprised if this was a very well thought out plan that someone would move to another country that could avoid everything you mentioned while living there where ex pats are welcome and can live a wonderful life. 

This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.

I think you may be happily surprised while still being in compliance.