If you can cash flow 550/mo at the low end of your projected rental range, why not?

Dianna is highly regarded for her talent in identifying exclusive investment opportunities, conducting project analysis, and implementing distinctive marketing strategies.

As for contractors, it would be ideal to physically see previous completed work and current projects.

You've gotten good advice already, and I want to jump in and echo the idea of starting small for your first project.

Does anyone have a civil engineer recommendation for a high density community development project in Kansas City?

Good luck with the project.

Not every project will use the exact same ratios, if you're doing a flip and everything is brand new than you probably don't need much for cap x, but if it's an old house needing repairs than that will likely need to be higher.

Then you could determine how far you want to go with the project vs your capital vs partnering with someone to help make the vision viable.

Real Estate Crowdfunding: Pool funds with other investors to participate in real estate projects.

Here's insights for 2024 Q1, projections available at your request - hopefully you're using these to value property purchased and it should help determine your list price to minimize DOM!