Low or No House IdentityPeople want to take pride in where they live.

THe lender is a credit union and it is a conventional low rate loan.

Since you’re still figuring out where to invest, look for areas with strong rental demand, good schools, low crime, and potential for future growth.

Great weather and very low crime rate.I am humbly looking for seasoned syndicators and sponsors to  advice or team up with me on this new venture.

I can assure you that the more you learn regarding these products, the easier it is to help all of your clients.

Yup for most of the Usonians the loads of wood used is cost prohibitive now and hard to source.However, I thought about this one as an example of a build with simple materials (steel and concrete block) that are not in themselves expensive to source that can achieve a beautoful design (with great effort of course by designer and builder) at low cost and scale.

This seems unrealistically low for a 40 unit property.

However historically (last September) they had estimated December of 2023, so we will see.The pre construction appraisal was in the low 400s. 

@Dennis KnappJ Scotts book on estimating rehab costs is a great start. https://store.biggerpockets.com/products/the-book-on-estimat...Here is a "general" rule of thumb for my market in Jacksonville, FL.

That’s less about the numbers and more about developing a niche and understanding your product.