The Columbus Region Comprehensive Economic Development Strategy (CEDS) was released for public comment by the Mid-Ohio Regional Planning Committee (MORPC), and it's looking bright in the capital city...the Columbus region is reaching the milestone of a 20-year population boom, with 40% growth from 2010-2030 and no signs of slowing...investing in Columbus might be the best decision you'll make as a long-distance investor.Buying duplexes...the last 12mo. average sale price across the market is $260,000, or $130k/unit...buying 4-unit properties...save some cash and plan to spend about $109k/unit...Almost forgot to mention...80% of that growth is projected to be single folks with no kids = rentersWhat's more interesting?

Here is a graph from the Fed:The horizontal black line is zero percent change in prices. 

You can look at realtime date with charts and graphs on each of your three target cities if you go to the youtube videos with Reventureconsulting.com.

Also, congratulations on such a milestone!

Find a good one you trust and leverage their relationships to build out the rest of the team.You could set up draws for yourself at certain milestones to get paid if the capital is open to it.

Typically, a developer needs to do the early stage work and run numbers based on preliminary data to figure out two things: The 1st is define what the Planned Project is all about (Highest & Best Use, Density, Finish Levels, Cost, Income, Expenses, Capital Stack (Debt & Equity), Partnership Structure with an Investor, Holding Period and so on.The 2nd is for the Developer to figure out the deal structure with the Landowner; If a purchase, settling on a fair due diligence period that will allow the developer to close at the time the Project is “shovel ready”, the milestones associated with the permitting process and the earnest money released to the Seller as the deal progresses.

The below graph shows multi at 36% 🔥 of investor allocation.

Before you can collect rents there are many laws and guidelines to follow and milestones which must be met before your building qualifies for its occupancy permit.Good luck.

Following closing the contractor started the rehab work and was paid by the loan consultant in milestone payments.

Some real estate investment plays are for appreciation and I don’t have data or a graph to present but my educated guess is that it is in the minority as much of it is for cash flow and or value added propositions to force the appreciation.