Just go back to the drawing boards, tweak whats necessary, and go back to the field.Consistency, Persistence, and time is what you need!

The dashboard is clean, setup is easy, and my tenant doesn't have to do anything as she is set up for automatic draws just as she wanted.

Rebuilding our business after the crash we decided to do much of the work ourselves to keep costs down. I have experience in office administration of both real estate and construction offices, John does project manage...

I was the kid that would draw up imaginary floor plans for fun!

I like meeting face to face with my representation and those areas are the easiest to get to.I am looking to draw up a lease at the moment and will need other services as i get into fix n flip.

Thanks @Steve Babiak for the mention, drawing my attention to this thread, you're the go to guy for researching information and straight talk in your domain. 

It's more of a mentality thing, I want a clear divide between their life as a renter and their new life as an owner, and a good way to do that is for them to put some skin in the game.

Obviously demand is huge in the area or they wouldn't be building but the great news for me is that they'll be charging 30% more for much smaller units.In the long run, it will draw more people to live in the area and provide me with a larger pool of prospective tenants that are excited to pay my rates as opposed to the more expensive "new" building down the street.If you're not sure how well the area can support the additional 27 units, then it's probably something to be concerned about and worth factoring extra vacancy and/or lower rents into the equation.

The neighborhood can be divided into East Harlem and West Harlem, which have two distinctly different flavors to them.

Might allow you to have the money when you need it (i.e. when you draw) but not have to worry about decreasing cash flow yet.