I’ve done rehab before and know how to cut costs there but have never built from the ground up.

It has definitely cut down on the calls we get from tenants about these type of problems.

Was looking at projections today based on rate cut cycles and chances are we could see rates drop into the high 4's/low 5's in the next couple of years on average (that's based on previous cycles and a decreasing spread between the 10yr and mortgage rates). 

Should I just cut my losses.  

At the end of the month, look for things you can either cut back on or eliminate.Take advantage of tax deductions: The less you pay on taxes, the more you will have to invest in new properties.

Also remember that it is death by 1000 cuts getting a property to market.

Your best bet at that size is not going to be mezz, most of them cut checks at 2mil minimum. 

Unfortunately most corp. people cannot think outside the box.I’m happy to be the 1/11 that made this cut lol - @Jason Smith More than happy to connect!

With the current housing market being so competitive, how do you see private money lending playing a role in securing properties quickly? Are you leveraging private lenders to gain an edge over other investors?

They cut operations staff down to bare-bones, cancelled over 1,000 listings with no notice, and moved entirely to a revenue-share model (which is why they eliminated those 1,000 listings, as they were non-revenue share).