Quote from @Sharad Bagri: Hi BP, I am looking to invest in small multifamily rentals in the Columbus and Dayton area. 

Depending on when you bought in Jersey City, you are probably in a good position to sell now in general.

I was interested getting information on the cost of building a new house in Riverside county or San Bernardino County.

Materially participates in properties they own3.

That to me is the simplest deal structure and the least "risk to you" as you aren't waiting for the final home to complete to be paid, as I understand it most construction loans close on the "dirt" up front....although like everything in real estate its infinitely negotiable and changeable.  

hoping to learn from all you guys that already made it 

You can find it in the fileplace under forms and the file is called cleaning charges. 

Thank you.We are in the middle, not an institution but are a fund.

As I wrote in my first reply here, I'd never invest there in an STR.

They are in partnership with Obie for Fix & Flip type insurance (builders risk, etc).