I don't consider gardening maintenance but some tenants do. 

Every now and then, theres a Groupon for pre-licensing courses through Metro Brokers and Better Homes and Gardens.

ACTION = seed planted (to get something out of the garden you must plant)

Large backyards are great for making mini points of interest like a garden area, gazebo area, sheds etc. 

Hi all,I was looking for someone who has experience in the garden/walk-up level multifamily space in the Denver area.

One concern is that there was previously a pool in the back and that appears to have been filled with dirt and made into a garden area.

In the general area of Redford , Westland , Livonia , Garden City.

Class B multifamily (garden style)1 BR-902 BR-703 BR-5Total units 165Land: 6 acres @ $8/ftLand cost: $2,090,880Construction cost $115/ft (could be as low as $105, but we will use $115 to be conservative) = $14,875,250Club house/gym/swimming pool = $375,000Soft costs = $1,000,000Developer fee = $1,800,000 (split 50/50 between developer and myself)Total development cost = $20,141,130Revenue(90% occupancy) monthly = $182,750Extras = $8,250Total revenue = $191,000/monthExpensesInterest (5.5%) = $64,500 Taxes and Insurance = $45,000"Extras" = $30,000Total expenses = $139,500"Monthly profit" = $51,500 "Yearly profit" = $618,000ROI 12%After Construction loan is paid off and we move to a bank loan we start paying P&I--->ExpensesPrinciple + Interest (5.5%) = $86,500Taxes and Insurance = $45,000"Extras" = $30,000Total expenses = $161,500"Monthly profit = $29,500"Yearly profit = $354,000ROI 7%Capital raise of $5,035,283Bank loan of $15,105,848My questions/concerns:We have only met once to discuss the deal and I was given the basic numbers.

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Yes, in Amarillo the buyer pool for homes over $400k starts shrinking fairly quickly, and I'm sure that contributes to the issue.The low end of this neighborhood starts in the lower $120s/ft starting with garden homes around 2,000 ft and ranges up to $180s/ft for new construction over 5,000 ft.