For the multi-family, lenders typically count about 75% of projected rental income toward your debt-to-income ratio, which should help if the property is cash-flowing.

Have one subdivision project going to market this spring.  

But what kind of project are you looking to complete?

A report from Apartments.com shows that 178,000 newly constructed units entered the market in Q3, bringing the projected year-end total to 636,000 units.

And I was constantly more worried about my own project.

It might be best to consider wholesaling it and letting someone else finish the project, break even and move on.

Quote from @Andy Tack: Hi Lance, we are developing a project that is partially in a flood zone also.

Not only for the census ending in 2020 but also the projected population from 2020 to 2025.I agree that population increase is important and should be factored in when analyzing a property. 

I was drawn to the accessibility of their projects without needing to be a FUND, along with the extra benefits that come from their large-scale output.As an investor, my priorities are finding good deals, investing in landlord-friendly markets, and transitioning to new construction properties.

That should really be the deciding factor...is it necessary and a large enough project to include the permit process?