Over two years would have me so nervous. 

The owner only wants the builder to build him a new home for "free" and give the land over to be developed after.

Interestingly, the premium for the single-family rental is about half that of the 4-unit property.I’ve owned rental properties for over 34 years, so I have a solid understanding of how premiums and coverages typically align with property values.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Hey Paul, my business partner and I work with investors from all over to help them execute the strategies that are actually working here. 

Their might be some wiggle room if what is being collected comes in over the market rent however for the most part the market rent would be the preferred guideline and any deviation from that would be up to the lender that you are working with.

If you have never done a project, let alone over state lines, then I probably wouldn't recommend it.

Hard Money finance, with about $5k of my own funds going into some over-budget costs.

I spend $90 a month for one LLC, and $50 for another.

Also we've averaged about 10-15 nights of occupancy over the last few months. any input appreciated.