But, if it's all you know, I guess that limits your perspective somewhat.

@Corby Goade as a property manager you have a different perspective.

I concur with @Ryan Muska's perspective.

I also appreciated @Scott Mac's perspective regarding liability and accepting commission as that could be a slippery slope.Ultimately on 50 units, you're talking about $250 per month revenue. 

It sounds like you and your wife are making some exciting moves in your real estate journey.From the perspective of a private lender, I can tell you that if you don't have experience in new construction you might find it challenging to get funding for a groundup construction loan.

But I would be taking a huge tax benefit up front and making these properties much more attractive from an ROI perspective when modeling for that expected benefit. 

@Jay Hinrichs Yea I like your perspective on this Jay.

Based on $110k investment it does not make financial sense from a ConC perspective to invest. $1,000/ mo.

I recently had a bit of a shift in my perspective on advising clients to pay points recently and here are my current thoughts.  

But new data is saying something very, very different.Taylor Marr, Senior Housing Economist at Airbnb, chatted about how Airbnbs affect the economy, affordability, and housing supply. https://www.biggerpockets.com/blog/real-estate-1008 The authors perspective is guilded, as are everyone's.