Our two story more family homes started at 500k and have ended up at 675k to 725k.. with our original nets at 100k ( was the goal) to now we are 100k to 150k NET NET NET on those.. we have 17 more to deliver and 11 are presold at those high numbers and so if I can keep lumber where i need it we should have a very nice last year of the project.

So if conventional primary residence rates are that high, par rates on investment properties are generally higher. 

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

There are hundreds of posts on the BP forums every day.However, this does seem a bit more personal as all your recent forum comments are attacking anyone that speaks highly of Rent To Retirement. 

@Duarte MarquesPossibly but highly not recommendedFor those with no real estate experience or experience in taking on debt, it’s not easyTo do it also with little to no down payment or reserves in most occasions will end in disasterReminds me of when in high school a friend used to let his dog drive his car.

Any recommendation on how to go about this, is highly appreciated.Thank you all.

Be there when they finish. 

Interest rates are NOT high right now.

This is usually a 12 month commitment that is "Interest Only" and after you finish the rehab and get a tenant, then you refinance into a DSCR loan.

@Thomas Farrell if you have any experience managing property/construction projects, I would look in to flipping properties and keeping the once that you see an acceptable cashflow on when finished.