Many of the medical professionals line up housing in advance, some 30 to 90 days out, and I want to require a deposit to hold the property until they arrive to sign the lease and move in as I am getting multiple calls for the same time frames.  

The strategy has been very good to me, and I'm a fan.Separate your construction costs into soft, horizontal and vertical components - soft for city fees, professional services , and holding/financing costs ... horizontal for any site prep, public improvements, and underground work ... vertical for foundation and everything on top of it. 

We have an extremely diverse array of positive economic drivers that yield stability AND growth, and virtually no permits to build units that rent from $650-$1000/mo.... keep in mind, we're still able to find 7 and 8 caps, with value add potential due to below market rents. 

I walked him through our abatement, test results, and professional opinion given by both the abatement company and testing company, but he's sure his kids are sick from the house.

@Martin Saenz on another note, I just gave a similar Leadership Professional Development class (LPD) to my Soldiers on the power of goal setting last week.

A lot of syndications look for value creation through repositioning, professionalize management, etc.Looking specifically at “c” it’s hard to reposition the property if someone else owns part of the property and if you keep the PM it’s still the same management.So maybe it’s an awesome building and you’re buying a conservative yield play with the potential to recognize the “bought it right” equity on exit?

There are tons of active investors and real estate professionals to network with.

Vendors are not very professional so I went to mfh and work with bigger company and don’t have to worry about this.

Why would you think $1000 is too high when you actually rented it for that much and a real estate professional said $1200.

*None of this post is intended to be legal or professional advice.