There has always been plenty of projects to choose from with very little competition.

. - How did you choose the CS market?

GC's are crazy busy but I also have sub-contractors on the list so if you need to use them, you have some to choose from.

Of course, check out occupancy limits in the county/city that you choose.

Which ever you choose don't speculate or base an investment strategy on an unsustainable appreciation trend.

Yuki,When you say lenders credit are you referring to the yield spread/margin given to the buyer/borrower when they choose a higher rate? 

Until people with back-bone stand up, support the concept of intelligent management vs "popular" management, turning off ___ politics and just talking to their neighbor, being an actual community again, choosing leadership by results.

Just like any city you have to make sure you choose the right neighborhoods. 

Hi Apurva,53 units -- It would be smart to talk to an Architect who does multi-family (In your general area) about the cost of doing a restyle as well as colors.Especially if you choose a Hardie (Fiber Cement type) product.With Hardie (Type) products, read the upkeep instructions, some require re-applying the joint sealers (factor that into your maintenance budget).Also with Hardie (Type) products there is a service life to the color...some come pre-colored, some your contractors must paint on site, (some require priming of cuts when installed)---talk to the Architect about the maintenance schedule and the CAPEX for this.Hardie makes big sheets of this for multi-family that Architects can use for visual effect and ease of installation.With 53 units--springing for an Architect to help with this would be intelligent.Good Luck!

I choose the PM company based on the positive review on BP and hope it is good choice.They say it will take 1-2 weeks to rent out.