Normally (prior to the Corona age) the annual expected return was over 10% (net) and the average appreciation around 6% annually.Taking into consideration that the time to complete a project is between 1-3 years (depends on the size) and my strategy at the moment is to develop the project and to cash out, I am not sure that offering a preferred investment is possible unless I am using my own capital to finance interest distribution.Actually, I am exploring 1.

@Tonye Jack These are all promising neighborhoods for STR's or Buy & Holds, it just depends on your investment strategy.

Depending on where you are and state laws, many LLC's aren't as protective as you might think. 

I'd request that now as they can take anywhere from 2 to 5 days to complete depending on how busy the title company is.

Depending on your AS IS and ARV Value, you may be able to cash out on some equity to start the work. 

I know in Seattle, splitting utilities of a property can be done however a landlord would like as long as it is disclosed in the rental agreement.My understanding is they simply "shut you down" and you can no longer rent the property or rent the property that way depending on the severity.

Expenses are going to vary based on the unit size and configuration, how many people are staying there and what their usage of the property is.

The answer is it depends.

That makes down payment of 30% when cap rates 5 and interest rates 3.5 now 45% down with huge interest payment to make DSCR work with lender and only get cash on cash of about 3.5% and buyers say that suck I get 5 in the bank no thanks.Now in bank they get highly taxed on the 5 and some banks unstable right now depending on who they hold funds with.

Pricing can also depend on if you have Prepayment Penalties (or not) and credit scores of the guarantors.Great Question!