I'd take this as a big red flag that you're on the verge of putting $1.015 million into a project that will only be worth $850K.

And off Northside drive by the Friendship Baptist Senior home (directly across from complex) the project homes have been demolished preparing for a multi-million dollar mixed-used development.

As your cash flow increases each year then you slowly up your lifestyle but the percentages are still conservative.It's kind of like the difference between someone buying a multi-million dollar house to live in that barely qualifies.

Some may say that it is part of the cost of doing business, but I had a friend who had the copper wires stripped from his $2 million dollar house during construction.

Was this a 1 in a million event, or will the rest of the copper piping fail eventually? 

Most of the syndications that myself and my firm do are REG D offerings that work mainly for accredited investors but do allow for a limited amount of unaccredited investors so you can get friends and family to jump into a deal especially if the deal is really good even though they dont have a networth of over 1 million US dollars :)

Houston is the second largest new-home market in the nation.Facebook Adding to Alliance Texas CampusFORT WORTH (Dallas Business Journal) – Facebook is adding two data halls to its $1 billion data center campus in the AllianceTexas development.DPR Construction, which is behind the $1 billion campus, filed two building permits, one for $182.6 million and one for $181.9 million. 

For the longer fixed term loans, you typically need to have a loan amount above $1 Million.  

Large development corps will have millions if not billions behind them and then hire staff etc.Homebuilders in many markerts are also developers the hat is kind of interchangeable.

They also estimated that by the year 2035, the market value could have more than 75 million driverless vehicles in operation around the world.