Occupancy Rate:You're smart to estimate 75% occupancy→that’s a conservative yet realistic approach, especially with the competition in New Orleans.

Actually, above that I'd love to see an opt-out clause if X of the raise goal is not achieved before closing.One may try to say it's a bait-and-switch of sorts, on risk levels, to close w/o the full funds IF the chances of quickly closing out the remaining raise are not realistic.

That is not to say you shouldn't try, just be prepared with realistic expenctaions.

Quote from @Tchaka Owen: One thing I've realized over the years is to listed to what a politician proposes and attempt to extrapolate a realistic outcome.

I'm a realist and I know that kindness and cooperation go both ways in any good relationship.

I find it quite common that many people listen to the numbers that were thrown out on early episodes of BP and assume those same numbers are realistic today, and that’s just not the case. 

My last eviction was in 2019. 8% seems realistic for me.

I need to set realistic expectations and timelines. 

Motivated buyers are now bidding up houses to prices they cannot realistically afford.

Rethink your approach and have a realistic construction cost.