Thanks for sharing Stephen, I am close to the stage where I need to pull the trigger on my first one, I am just putting a few more pieces of the puzzle together.

For buy and hold investment, is not that at this stage one needs long term conventional type of refinance?

Also realized I didn't answer one of your initial questions:  They took my wife and I on a tour of various properties, one just completed duplex and then two homes that were in the process of rehabbing..both were torn down to the studs and we got to see the electrical, plumbing, drywall and rebuild stages.  

Hi @Cody Clapp, Welcome to BP and congrats on getting to the last stage of your first deal.  

I’m in the earlier stages of my journey as well, but would be happy to help with what I can.

It would just be to set the stage for the next purchase. 

So far i'm going through similar stages that you went through.

I'm in the beginning stages of setting up a very similar structure. 

@Jay HinrichsThink you're still pretty active on the forums -- this post is coming up on 3 yrs old but have similar aspirations myself - have not completed ground up development but have a good idea on all the steps it takes locally.Jay have you analyzed a deal where you'd put multiple buildings up and just build the apartments in stages --- say one 16 unit building - lease it out - then complete a 2nd etc?

Euclid has a ton of upside in my opinion as an Amazon fulfillment center is being built there.