These are political wins the administration wants from promises made on the campaign trail.

I would simply hire a good civil that has done development in that jurisdiction and pay for a feasibility study and let them run through all the check items.. but thats really just the start.. also for context .. these projects require 350 to 750k in CASH up front to get to approved plat status ..

They simply dont understand the culture of the rental class in the mid west the LIfe long renter..  

If you simply go to your meetups and let folks know your a private lender you can sift through the deals and cherry pick them.

If you’re looking for a single-family home under $200,000 and you don’t care what city or county it’s in and you simply wanted to meet the 1% percent rule, you might be able to find that.

It might be easiest to simply not renew the lease if its a 1 year lease.  

The headache of playing peacemaker between 3-5 unrelated tenants doesn't sound worth the premium management fee; not to mention rent by room generally brings in lower quality tenants which require significant more management.With that said, higher rates are pushing investors toward rent by room simply because it's the only option for cash flow (at least in Denver) which is why I have so many folks reaching out.If you currently have rent by room investments or perhaps you're a PM currently offering rent by room, I'd love to hear your feedback and any advice you may have. 

Hence a win win, I'm thinking, finance, we can make the payment with $10K down, $400 mthly with dealer financing.

The area is growing like crazy and there simply is not enough housing.

The lenders simply are not interested in financing a deal where the buyer has such a small amount of skin in the game.If you don't mind, can you touch on how you were able to obtain the type of financing structure that allowed for a seller-held 2nd mortgage?