While some use floating rate debt, for say, corporate unsecured lines of credit or capital commitment facilities, they also tend to use Swaps versus interest rate caps, and often times will build interest rate collars on their floating rate debt.  

Just starting my journey with REI and looking forward to building my network of other investors, agents and lenders.

You will learn alot of lessons quickly, build wealth, and potentially lower your cost of living.

I bought my first home in 2017 (major fixer) in the SF bay area and completely renovated it including building an ADU, adding a master bath and bed as well as updating just about everything.

If you are looking to attract investors, one 14-unit building isn't much to get people to give you money beyond family and friends.

Looking for a consensus, "Would building a home on an empty land lot be more profitable than just selling the land?"

It would be different than if the rents were 2k+/month on average. over time I think it's good to do your own maintenance (you'll need to build a team for this) to save on that 10% along with the other margin they add in there.

Remember to always approach real estate investing with a focus on the long-term, careful planning, and a goal of building a sustainable and profitable portfolio over time.Good luck!

I have been building connections here in Jax going to real estate meet ups.

I do need to build up to that positive cash flow at the 10 year mark.