There can be a long time where a project never happens or even if approved can take years or over a decade to start happening from when it is proposed.Does your tenant rely on consumers visiting their office as a business model?

Like many of you, I've been consuming a ton of reading material and videos, however, we all know that reading/watching information in an article, book or video is NOT the same as talking to like-minded investors going through the same planning process. 

I agree that many travelers are opting for a staycation as research shows an increase in bookings from within a couple hundred miles from home. 

While this will dramatically lower your returns, you will not be at risk of loosing the property if consumer behavior takes a long time to return to pre-pandemic conditions.Best of luck,John

The 2% inflation indicator is measured via the Consumer Price Index (CPI) which is controversial (https://www.investopedia.com/articles/07/consumerpriceindex.aspthere are many articles on this, but here’s a start) because this tool is believed to do a poor job capturing true inflation numbers and has been “adjusted” by the government numerous times over the past decades because they felt it overestimated inflation despite many other inflationary measurement tools indicating just the opposite, that is grossly underestimates inflation.

That means for every unit of energy consumed one unit of heat is produced.

I’ve done BRRRR and wholesaling as well, but they can be time consuming.

Any odds that the lenders will eat up the costs or is this ultimately going to be passed onto the consumer/homeowner?

Our market has seen massive growth and with that new builds consume most of the labor you'll need. 

The lower cap rate on the new building is consumate with the lower risk, because its brand new and will have leas operating and cap ex costs, and because its going to attract a lower risk tenant base.