#universitycity is an amazing area located in #charlotte with ample developments, entertainment, dining, and other things to do!

Although it’s great you have developed great saving habits.    .   

I'm an experienced builder and developer looking to network with other developers, investors, and syndicators. 

That is smaller units built with higher density to make the numbers work for both buyers and builders.Adapting to these challenges isn’t easy, but it’s necessary to keep up with the market.What are your thoughts on how builders and developers can address affordability and supply issues. 

The primary goal is appreciation adding value building equity and therefore net worth.I’ve been at this “game” 46 years  and there is no magic bullet.It takes time, discipline and consistent effort.But it can be done in 10 years.Of course this means living below one’s means - ie spend less than they make - to develop and build cash and capital that can be invested and then watch ot grow over time.Hope this helps.Arn

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

I would talk to some lenders  getting land loans and development loans with no experience is next to impossible starting out.. 

You have relationship infrastructure and knowledge that took a very long time to develop.  

The first indication is you spent $290k for $1800 cash flow or a 0.62% monthly ratio.Rent $1800 - PITIH $1480 - $180 (pm) - $90 (vacancy at 5% which is lowest i ever allocate in my underwriting and likely low per the OP description of a lot of new development) = $50 for all other expenses.Maintenance/cap ex on 4/2, 2100’ will exceed $300/month even in cheap labor markets on sustaining basis.  

I want to develop my sales skills to negotiate better deals.