Proud husband and father of 2 boys. (19 and 3) I work as a Project Manager for an industrial contractor.

I am working on a mock real estate development project submission, and I am looking for some general rules of thumb on how best to estimate the following:1.  

I am trying to use my real estate ventures to fund shipping container projects.

Now my question is, would you recommend such a large rehab project for a first time buyer/investor?

Even after renovation, the income you're projecting isn't enough to justify the price.

So, you may see higher COC returns than that 2%, you are projecting.

Now that I have been in business for 8 months, Wells Fargo has offered me a 100k card, but I am politely bowing out away from that one.Good luck!

I managed the rentals myself up until early this year when I hired a property management firm in order to get some free time back, have some backup so I can go on vacations again,  and in response to the hostile political environment towards landlords in seattle.My long term plan with REI is to get to a large enough door count such that with sufficient equity the net cash flow is enough to live on comfortably  (which I would define as matching my current gross software engineer's salary).    

Also willing to help out in projects as long as it's not climbing a roof :)

Raising money isn’t a do-it-yourself project, you need the advice and guidance of legal counsel that specializes in securities law.