Hey Michael, I am a broker and property manager here in Clarksville, TN.

What is your estimated new construction cost of a SFH, or Duplex, or Triplex? 

He is Property Manager.

I have the ability to get these units built at very favorable costs and there are no real comps I can find so I am at a loss for planning my development strategy with regards to the size of loan I could reasonably get.This will be my first project and my partner's third but he self-financed the two others.

Through strategic renovations and tenant management, we forced appreciation, increasing the property’s value to $3.4M according to the lender’s appraisal.

Property manager reputation? 

It's important to carefully evaluate the costs and terms associated with each option.Consulting with a financial advisor or real estate financing expert can provide personalized guidance based on your situation.Best of luck with your acquisition!

Recently purchase a property in Peoria but don't want to use a property manager. 

Our property management company is based out of New Brunswick, we see a lot of success with rentals around Middlesex County and they're more affordable to buy vs North NJ. 

We are paying $300k for the land and as a builder my costs are lower but let’s use retail so it’s safe. 900k build so a grand total of $1.2milIf you put 20% down and refinance in a year from now at 5.9 (realistic to me) that would be $24k net after taxes, 7% put for capex and repairs(it’s new), and insurance.