Putting down $200K to get $300/month net cash flow is not very good.

For such a large project, you have to find both.

I had been naive to believe him and thinking that all the delays might have been due to COVID.

Feel free to reach out!

The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.

@Sandee SampsonA construction attorney would be who to contact but you are going to spend a lot more than $7000 in getting this resolved against a builder.Also let’s say you win, the courts could also say you didn’t pay for a retaining wall which is needed so it’s a betterment to the property so you would still need to pay for the wall and they would be responsible for some soil etc.

Of course, some of the potential tenants want flexible terms at start to get themselves set up in the space. 

Hi Seth, welcome to the community! 

Hi Armando, welcome to the community! 

It's rational to be scared of success when you are so young and don't know the steps to take to get there.