. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.

There are a multitude of roles, stages, and responsibilities for each and every unique project.

We are putting a project on the market. 

And if they are a hobbyist/part-time builder, then they should engage the proper professionals, i.e. a title officer, civil engineer, architect, contractor et al to assist in reviewing the project's feasibility.

I allocated $500/month for insurance which is part of why such a promising revenue to cost projects such poor COC.  

I will have no problem getting the mortgage afterwards, I just have some other projects rolling at the moment that tie up cash.Thanks!

Quote from @Jorge Magana: Nathan good afternoon; I'm about to do my first cost seg study for a new construction project we recently finished; would you recommend REcostseg?

All in all my project we are proud though we fought through Covid and interest rates and have exceeded original proforma..

.- Project Update: North Nashville Duplex- Why Should the Fed Cut Rates at All?

Good luck with the project.