Hi Jimmy,Thanks for the feedback, we have considered Columbus in our analysis and while its great option considering how well the appreciation amounts, i doubt we would find a multifamily in our budget within  those appreciating markets.

I tried to use an app called melio to pay some of my contractors with a credit card and it cost me more headache than planning for my rehab project.

An easy flip at 7-10% return might be more lucrative than a larger project that takes longer and more chances for cost over runs. 

Quote from @Chris Whynder: Quote from @Braden Smith: In very simplified terms, to determine the feasibility of a new construction project you need to do the following:1.

@Rene Hosman The only time I've seen them is larger buildings that have financing and the success of the project is contingent on a certain occupancy number, but then again what project isn't :) That being said, I'd always write concessions to start on the second month of full rent.

I was fascinated with the pace of different technology projects taking root in Dubai in 2019 and that is when I was looking into Marina and JLT areas.

LTV Consideration – The 60%-70% LTV is usually based on the After-Repair Value (ARV), meaning your loan should be within that range relative to the projected value after renovations. 2.

However, you'll want to verify that through analysis your outside basis in the entity.

Having a vision for future projects like the ones you mentioned are great, but learning the ABCs of RE with a small investment (initial down payment - since you only need 3.5%-5% down on a primary) is the best way to sharpen your skills.

You may want to adjust your criteria a bit and sacrifice projected cash flow for stability and projectability.All the best to you in your investment journey!