I am just struggling to figure out how I would afford the monthly interest expenses as construction on this type of project would take a ton of time and money.The building will be luxury student apartments which on my rough calculations can have realistically 60-65 apartments or 180-195 beds.

Hi Everyone,I recently moved to San Antonio and am in the process of purchasing an investment property to rent as a short-term rental.

I have family moving there and I am considering moving as well to be near them.

I am not a developer per se but I was in tech field as a project manager/ business consultant.

Thank you Ned, that is exactly right, we actually check a condo/townhouse about 2 weeks ago, the thing was a condo with a basement, I cannot tell if it was a condo or townhome, anyway, the ceiling in the first floor was bowing, the 2nd floor, one of the bedroom was sinking, could not tell how this damage was done but the walls came apart from the floor, you could see the roof of the unit bowing inwards towards the structure a bit, and their "general contractor" estimate that for 5k they could straighten the property and level everything, even 1 window and 1 door looked so uneven that you would think  there was something wrong with your eyes...5k for structural damage, good luck with that one, we ran as far as we could from that....but we have seen they do inflate their ARV, since we learned the hard way , we go through these deals with a magnifying glass, I knew I was not so picky, numbers do not lie.Another thing that caught my attention, which I do not know if I am overly suspicious now that I am older, but they want to get the closing for us at the same time/day they are getting the property from whoever they buying it, which it seems to me they try to save on the closing by having a "dual" closing when in reality is just 1 closing and we are the one paying for it...I do not know there are few things that do not click right with this folks.

Mine is a bit verbose since I cater to low income, but am happy to share with anyone who sends me a private message or e-mail.  

I am looking to purchase a multi-family home, outside of New York due to tenant-landlord issues here (really the fear of it). 

Hi Chris,I am an operator and also have 50+ Real Estate clients with my advertising agency, many on whom are using Left Main.

I am looking to at least break even in California.

Eventually, it led me to choose another lender in the interest of time.The LLC was formulated later and I am working to have the property rent out.I am looking to transfer the property into LLC for the following reasons1) Liability2) Tax separation from individual / rental property.