Investment Info:Large multi-family (5+ units) buy & hold investment.

If you hold at least 10 years, it is very likely to be a good investment. 

He will be selling the project to buyers once completed and not interested in operating.How should I evaluate this deal from an investment point?

Quote from @Alston Ke: There are some posts many years ago about MSHB I'd like to know if anyone is buying any investment properties from them recently and your overall experience with Mid South Home Buyers.I’ve been investing with MSHB since 2017 and just bought another property recently.  

Less money on your part and you can pocket the profit between the actual rent and what you charge the others.Good Investing...

Residential real estate has always been a great spot to invest since it is easier to get in/out than other sectors.

This has been my observation in 45 years in real estate investment.  

Raleigh investor here focused on short term rentals and creative real estate investing - harder but not impossible to cashflow here

A hands-off garage conversion ADU is over $100, even doing much of the work yourself, it will be much more expensive than your estimate.Single ADU additions in single family zoned areas are typically one of the worse re investments. 

I am looking to invest in some properties in DFW but did not realize how many houses had foundations issues here due to the clay soils.