They are requesting a more traditional pro-forma for a 15-20 single-family house subdivision and or multiples of them.I'm currently lacking knowledge in several areas, including the costs of water, power hook-ups, grading, erosion planning, storm drains, sewer systems, and essentially every cost involved, from permits to blueprint estimations.What I do bring to the table is something quite exceptional.

I'm willing to share the ballpark numbers that I used for both the pro-forma and Construction costs with anyone who is interested in taking a look.Also, I have a couple of questions:1.)

A husband and wife can form a partnership.

For example- my area works well, but Phoenix and Tucson do not work very well for this, as service providers tend to live there:Reach out to solar and roofing providers, and other service providers that you feel may fit the bill, and offer them 10% off of your posted rate, or offer them some check-in or other incentive, and form a relationship with them, so they can stay at your STR and work locally. 

I have a basic knowledge on contracts but I am by no means an expert.I'm looking to form a long term relationship with a rockstar attorney that aligns with our values, understands our needs as investors, and is very very comfortable working with creative deals as well as helping structure deals using private money.Please reach out to me!

Cap rates are given a heavy over-importance on BPFor starters, as stated above it's irrelevant for smaller propertiessecondly, If the place is low occupied or in need of repair then the walk-in cap rate isn't at all usefulthirdly, pro-forma cap rates are very often built on LIES and the most generous accounting to show a property in it's best light.

An excel spreadsheet and working knowledge or metrics and how to read/write a pro forma.

@Louis Leone Down south, in addition to a very pro-landlord environment, you also have time to do real due diligence on properties, unlike with commercial properties in Manhattan, where you get to see some pro forma financials and must close in 30 days.

I'm not sure in Maryland but you would probably form a LLC, just like any other. 

Hi Michael,I think what you need to do is find a local RE investor that can verify your pro forma.