Has anyone stopped to wonder why some Sponsors can secure commitments from the more sophisticated check writers while others have to target less sophisticated investors and spend significantly more time on the capital raising to compete for the same buildings?

We are complete rookies lol , but we are ready to begin our journey to building our portfolio.

Yes but does does not hurt to network now right and build your connections?

Reaching out, having conversations and building relationships is how you add them to "your team".

When did you finish building the home and when are you planning to be done with current renos?

Shortly after I slowly took on a fulltime postion at a large real estate firm and helped build out their residential PM service since mine was owner operator properties only.

Hey Hughston, The biggest recommendation I have for out of state investors is for them to build their CORE 4 in whatever city they are investing in.

Any insurance companies out there who insure older apartment buildings (HOA insurance) at a reasonable price?

Happy to answer questions if you have any and connect with anyone that's building new construction MFH.

I’m considering options like building a single-family home for STR or creating a small RV park with a few pads, but I'm open to other ideas.