. - Value add - When building additional units, what steps should be taken to determine how many can be built? 

To determine price range, the first step is always figuring our how much you are pre-approved for; and that can vary significantly when you are looking at multi-unit properties because of the additional variable of rental income that can be included in qualifying.

I’d recommend confirming the scope of work and checking with the Tennessee Board for Licensing Contractors to determine if a license is needed for your specific project.

My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.

A new build needs to perform better than that to make it worth your time, all the risks and capital concentration.thanks for the advice everyone and would be happy to connect with you: @Bryant Brislin @Dave Wells @Leilah Davis @Joshua Stewart I have been building 15 to 20 spec houses a year now for 7 or 8 years.. average NET NET NET profit is between 10 to 15% of gross selling price. and if we hit 20% thats a big win.. my price points have been starter or rental houses in FLA that sold in tehe 250s and those are simply not worth doing..

I haven't determined my price point yet as I'm still researching hard money lending and DSCR loan products. 

Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

I thought this was simply the right thing to do and did not give a second thought to undergoing this process until after the repairs were completed.

The Board intends to reassess this decision to determine whether to recommence the program or to continue to pause the program no later than April 1, 2024.SIGNATURESPursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.By:/s/ Dutch Brandon Mendenhall Name: Dutch Brandon Mendenhall Title:Chief Executive Officer Date: February 2, 2024 there ya go.. they should send this to all their investors so it ends all the wild speculation. 

When I tried following up with Delta, they did not have an answer for me and simply said that they would just stop all progress on my construction until I made the payment for the first draw.