For large apartment projects, it is not practical to demand the return of all letters before closing.

When investors invest their hard-earned money into a project, we expect the highest possible return.

It might be best to consider wholesaling it and letting someone else finish the project, break even and move on.

The properties here are cash flowing, and appreciation has been over 10% and will likely continue due to the Micron project.

We decided to outsource major tasks such as septic installation, plumbing, heating, and carpentry, while handling smaller projects ourselves—a decision that proved beneficial.

Confirms my thought process as a Renovation Project Manager- turning Investor.

BTW my market in the last dozen years has only has a single year with as poor appreciation as 4% which implies the reality is that virtually every in the last dozen years you would far exceed that projection. 

Contractors play such a huge role in real estate projects.

From what we have been seeing from the people investing in our projects from abroad is that only to open a bank account they themselves need to be here, although I imagine that towards the future this will be changed as well. 

We decided to outsource major tasks such as septic installation, plumbing, heating, and carpentry, while handling smaller projects ourselves—a decision that proved beneficial.