So construction only lasts for 5 years, after that its just a refi every year which will produce an essentially tax free income of 100-120k per year.

Don't listen to people who have never owned income producing RE.

You’re basically selling something that will have almost zero resale value so it’s going to need to produce one hell of a return.

A two-family where you live in one side and rent your other rooms to friends and then rent the other side (maybe even do mid-term rental or short-term) with a much lower downpayment is potentially a better producer.

Not including land or any development costs.If you had a stabilized one in the same area that is lets say 7 years old it could run for over 20 million easy if it producing well.

I prefer a producer driven economy.I hope you guys keep commenting on this thread as I learn alot from your candid non curated opinions

Like the previous monthly reports, the market typically reacts to numbers in comparison to estimates.Producer Price Index (PPI)The Producer Price Index (PPI) report is similar to CPI; however, it tracks costs (and inflation) for producers, such as product manufacturers or service suppliers.

Although the QCD is currently generated by the seller, we are exploring ways for our platform to generate the QCD document along with the other closing documents we already produce, ensuring the entire process meets the high standards our customers expect. 

I think even the s&p with its historical ~10% return and with recent returns much higher than 10% is likely to produce a better return than current rates. 

Next purchase ask for the original applications of the tenants, if they can't be produced, we usually have them fill out new one.