I think a lot of people don't focus on the financing side or what it takes to get a deal done but that is everything  It is also one of the more difficult parts to understand.We didn't run into seasoning issues but it was because I had owned it for a year by the time I got the construction loan.

You're using cost of goods (2x4s, doors and windows) to build a product and sell. 

those numbers don't work if you need design help I'd rework the Floorplans to smaller and higher rents to lower construction costs. 2.1 million for 12 units is crazy. we build at about 100k per door hard cost. suburban walk up style apartments fully leased up with land go for $155k a door over 100 units in columbus ohio. so if you work backwards take the equity and land out our pricing is right in line for build cost and that's with profit to investors.

This is not for everyone but if you're OK with contacting strangers, you can start with Zillow FSBO listings, contacting local homeowners (door knocking, cold calls), different forms of marketing to direct sellers.All the best!

Is my goal of 1,500 to 2,000 doors under management too ambitious?

Quote from @Tom Sharon: There are many ways to address this, and I'm not familiar with your state laws.The simplest method: post a written notice on the door.

know the laws, know the area you are looking. check out airdna to see if the numbers make sense in the area.if all check out you will need a team to help run, cleaning crew, maintenance folks to start. best of luck

If you're interested in pursuing a career in sales, whether obtaining your real estate license or becoming a wholesaler, you must be in it for the long run.

If your loan was in fact an FHA loan when you acquired the property, that may be what you're running into. 

Currently, the competition is fierce the girl next door has become the competitor, therefore driving prices down due to a higher competitive inventory.