Tenants were ecstatic that I have been fixing things that were neglected for years and based on units in Clinton trading for about $200k a door, the property will likely appraise for 750k+ Lessons learned?

It’s when homeowners who locked in ultra-low mortgage rates during the pandemic hesitate to sell because moving would mean trading up to much higher rates.

Properties with low cap rates (5.3%) often trade because investors prioritize appreciation over immediate cash flow.

So we created our system of fully designing homes before we ever swing a hammer on a project.

I am a teacher by trade, but I am looking to get into real estate since I've been interested in it for years.

The only thing we can think of is he deals with a lot of international trade and money and maybe it’s OFAC we just get a scripted message every time we talk to someone so we got lawyers involved. 

There's a big swing here in insurance and tax calculations I see and getting those numbers accurate are critical for your ability to not miss on good deals

@Jaren Taylor, not sure if this is why you talk about raising all cash, but given most deals are trading in the 5% cap rate range, and agency debt is 6.5% while balance sheet debt is closer to 7%, I whole heartedly agree that all cash is the ideal capital structure for many properties today, if your goal is to maximize overall returns for your investors.  

For those more entrenched in the Denver development market than I am, is this a fair trade for the city and for the developers?

Instead you traded that for 800k valued RE and 696k rents.