I always knew these numbers existed (and have reaped the benefits on my first property) but never put pen to paper for future analysis's. 

When purchasing income property there will be two sets of pro forma: one set using current (actual) data, and one set using new (projected) data.

We are raising money to start a project down there right now. 

This project took about 4 months to complete and we have had it rented out since the middle of Sept

The Commerce Department reported this week that permits for single-family housing starts dropped to a five-month low, indicating a slowdown in future construction as well.Spring Thaw?

Find developer buyer who is looking for more projects.

For example, right now interest rates are HIGHer than they are expected to be in the future.

Plus, if they don't pay, and their wages have to be garnished, their employer and future employers don't like that at all. 

Talk to planning at the city about available funds they for housing projects like TIFs, CRAs, Housing vouchers, housing grants, etc. 5.

The concept seems better than new construction in terms of project time, but I'm wondering about the cons to this idea with exception of price being an obvious one.In theory it seems scalable and efficient, in my mind acquiring the land suitable would be the hardest task.