We made some adjustments to our pricing earlier this Summer 2022 to reflect some material pricing changes that we have seen.With that said, construction pricing can vary substantially based upon many factors including the project location, property type, specific SOW, material selections, contractors used, season of the year, etc.In fact, pricing can vary substantially from investor-to-investor and every investor will have different prices they use. 

It's now produces about $450/mo in cash flow after all expenses, not including debt paydown.

Net income = $39,240Monthly operating expenses are as follows: Trash - $33, Landscaping/yard - $66, Electric - tenants pay, Water - $95, Maintenance $87Monthly taxes about 3KSo, gross expenses are at $41,064If I'm doing the calculations correctly, my net operating income is -$21,888 and cap rate is -3.4%.Obviously the current numbers look terrible for this investment, but I feel like the rent should be raised significantly based on comps (above 2K each unit). 

(remember the owner will be gaining appreciation through debt paydown every month that you pay him rent also)Again, this is all negotiable!

I’m based outside Houston, I bring over 14 years of managerial experience in chemical manufacturing to the table.

Tied to an SEC shelf registration where the issuing firm says they will issue debt over a period of time in the form of medium term notes.Depending on what role you want to play you may need to be licensed or otherwise regulated.MTNs are mostly for companies that want to borrow funds for projects, working capital, etc.

Join local meetups, read books, listen to podcasts, find a mentor once you have a base level of knowledge.

This was based on our continuing commercial relationship with this institution.  

Debt hanging over me makes me have to take xanax or drink tooty fruity drinks all day.

The colossal failure of their iBuyer program a few years ago showed the world the dangers that exist when the flaws of algorithm-based estimates are overlooked.