Quote from @Trino Martinez: I came across an article (link below) about a proposed bill (HB355) in Utah that did not make it out of committee that would include among other things a requirement for landlords to give 60-days notice for rent increases.

@Art Giacosa What you are proposing is a more complexed entity structure than my past employer who owned a hotel portfolio valued over $1 Billion dollars.

Said they were not actual pictures, but renderings of proposed project. 

We do not have enough capital for a significant down payment OR construction costs and so we are considering asking family members for a personal loan OR proposing a partnership.

What are the Contractors proposing as a fix?

If you are telling people you pay 10% interest and they are used to getting 3-5%, their mindset may instantly think your proposal is high risk.

Did you have the properties already identified along with specific returns etc. or did you propose a hypothetical deal structure and get his agreement first before finding specific properties that fit your investment criteria? 

There also might be more rebates for electric these days as part of the Inflation Reduction Act.https://www.rewiringamerica.org/press-release/doe-proposed-g...That being said, in my area, the gas utility will often run the line from the street to the meter on their dime as they want your business. 

. - $500 HOA fee monthly- $230,000 Sell price- The $75,000 spread is the owners equity that is proposed to be amortized over 2 years. $3100 mo- Assumable VA loan. - Market rents: $1900-$2100- Sell Comps: $230,000Situation: I don't have the cash to service the debt while repairs are being done. 

If you are paying attention to the waterfront, they have some projects going on and some others proposed in the area.