8 - What type of natural drainage will there be on the site/9 - What type of water supply will you be using?

On the flip side, traditional financing typically offers better rates and longer terms but can take longer to close, and you’ll likely need stronger financials.If you’re trying to balance speed with cost-efficiency, it’s worth considering your project’s needs and how quickly you need to get funding.

.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

The properties that are being sold here in Winnipeg almost all sell instantly as there is just not enough supply of homes.If the Canadian economy continues to worsen and rates continue to drop house prices will actually go up.

Valuation depends on your market = i.e. volume of STR supply and regulations. 

If you’re confident the remaining funds can be reinvested into a stronger opportunity, like your new duplex project, it might be worth it.

build, rent, refinance, repeat. different strategy but more scalable. land is a buyer's market in most cities in america with more than 6 months supply. in our market in columbus it's more than 12 months supply of land. no one is doing this strategy and you can customize your design to anything you want.

@Matt Smith generally speaking it’s a combination of rising interest rates which have caused cap rates to increase (thus wiping out equity), debt is resetting at higher rates, rising opex costs due to inflation and stagnant or softening of rents due to an increase of supply.

However, as I've been tracking new listings in this area and running the numbers on them, I have realized this strategy has either gotten too much attention in the last few years or the supply just isn't there any more.

As we continue to stabilize supply chains, seasonal and historical patterns can provide insights for executing your next project, ensuring you factor in risk and stay within budget.Question: What are your thoughts on adjusting to the "new normal", how will investors manage increasing costs with many forecasting stagnant appreciation for the coming years?