@Drew Sygit my strategy for now is to spend the next 6 months or so learning everything I can about real estate markets, properties, underwriting, financing, landlords, property management, construction, legal, insurance, and anything else that comes across my radar, all the while trying to make connections and build relationships within each of these areas to build a network and gain the confidence to sell lenders and investors on the very best deals I can come up with.

Purchase price: $120,000 Cash invested: $370,000Completed a co-living new construction project in St.

Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.

And Vystar wanting the land and the construction to perm makes a lot of sense given the terms they're offering.

Outside of my one renovation, I didn't know that much about construction - I've learned a lot in the last 2 years. 

I have been in construction/rehab/renovation most all of my life so I have that covered.  

For instance in the real world.. i bought 12 brand new constructions back in the Katrina days .. this was in the top county in Mississippi they ranged 150k to 225k each..

**NAHB Contracts**: The National Association of Home Builders (NAHB) offers a variety of detailed and standardized legal templates specifically designed for the residential construction industry2.

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

Will getting this second home loan right now, affect me negatively when I go apply for the construction loan in the next 1-6 months?