@Bryan Nwokem since I don't know nothing about real estate since I'm also new the fact that you said this is a new build and based on the rent I would just go $1,700 a month that would be me if I was in that position but then again I don't know numbers.

Here's a snippet from our starter course on becoming a Local Real Estate Developer and it will help you understand where the value comes into a development project to see how to weight the equity and deal terms based on the experience of the partners in the deal. 

For context, I have a business degree in marketing (not good I know) and work for the biggest single family rental company in the US doing entry level customer service.

@Matthew Paul you are right, this wasn't a home run deal, just a base hit, you can't expect to have a huge profit when it's just a light rehab.

I feel like it's a way to keep people on the platform and appeasing hosts, instead of offering more supportive customer service. 

A bank can't extort a tacked-on higher interest rate if a borrower won't agree to new terms...terms that would now require unnecessary documentation and hassle.Here's excerpts from their letter to commercial customers I got last week, on company letterhead.

Hello All, I'm a new member who's interested in touching base and learning/sharing experiences with individuals who are growing in the San Diego Area.

Since pricing is always based on supply and demand, when you find a house that is priced “ridiculously low” it’s because people don’t actually want to live there.

Quote from @Nicholas Cavato: Hello everybody,I am a new real estate investor based out of Tucson, Arizona but will be moving back to the Midwest (Cleveland, Ohio) late 2024.

I am currently researching and putting together some assumptions and trying to keep it on the conservative side and not base it on some of the inflated numbers that are published.