Units would range from 1,350 to 1,650 sqft (3/2, mini-master down, 2 car parking).Has anyone had experience selling or renting units that are in a pocket neighborhood setting vs. a traditional site plan?

If you want to scale your business you will probably need traditional bank financing at some point and they like to lend to people with good debt to equity ratios.

An LLC to start probably isn't going to help anyway if you are using a traditional lender since they will often make you sign personally anyway for any loan.

I have seen some people take a quad and run one of the units as a short term as well if you are up to it (we do that for a 5 unit we have - 4 traditional and 1 non traditional)

I worked as an MLO for a brokerage in OH before moving to CO and I learned the ins and outs of traditional lending which I found valuable.

We can only truly determine what’s happening now. 5-7-10 years from now we can work to give our best understanding of what that cap will be based on what the market has told us and our perspective take on interest rates and path of progress will be etc. if you are entering a property at a 10 cap to say when the market has traditionally been a 5 cap it would be silly to say just add .5 and your exit cap a 10.5 and would keep you out of many deals.You want to do your best to determine than run it through other scenarios to stress the result so you can best understand most impacts to your hold

Anyone else seeing too many units on the market in a traditionally slow part of the year?

Different process than traditional banks in that you don't have to sign over your first born to qualify.

If you need inspections and other accommodations, it's probably better to stick with traditional sales.

@Erwin ShamYes, many people do much better in a more traditional classroom setting.