I'm in favor of a higher bar before posting but I think it's a minority position. 

But I said at the time that one day I’ll be in a position to take advantage of dropping prices, and I think this is the time.

The positive is you can get them out with 60 day notice so 60 day escrow would allow the unit to be delivered vacant (assuming zero issues terminating the rental)good luck 

We also have over 5,000 residents that we trying to impact in a positive way.

ThxSachinHi Sachin, if you're looking for the best investment opportunities in terms of positive cash flow, they're not going to come from new builds.

My parameters were that I did not want to add more than 2-3 employees, I did not want to give up control over the u;to are yes - no investment decision, and I didn’t want my position to become a full time job.  

The land loan is in 1st position on title which would put the loan to build in 2nd position.

The 1st position loan is paid off but has a second position heloc on the home with 50k balance.

Everything I see for the northern VA area and beyond market is just so unattainable; it seems like unless you have a down payment, that is way way way more than 20 percent, there is no way to get any positive cash flow.

The Numbers:Cash Flow Analysis: Investors typically look for properties that will generate positive cash flow—meaning the income from rent covers the property’s expenses (mortgage, taxes, maintenance, etc.) and then some.