I decided to do this because I always was fascinated by real estate since a child, and I believe in taking calculated risks.

Does anyone have experience doing a LEED-certified home or development for their investment projects?

@Andrew PettitGenerally BRRRR connotes rental real estate (as opposed to flips, developments, or operating businesses).I'm curious if there's a disconnect between you and your CPA. 

If this is a new construction development, the tables are likely in the developer's favor.

There are a few new hotel projects planned on the strip and if those pan out successfully I can see a lot more development in the future. (10 years from now).

There are some high comps (2x what I'm paying)in the area, there is an modern rehabber/new build developer working the neighborhood.

I want right on's  not write off's   a very successful developer I worked for back in the mid 80's I was brokering a 150 unit townhouse project in N.

Be patient, drive by the parks, develop relationships with park  managers, and the next thing you know you have too many to buy.  

This kinds of problems develop when landlords chase money, in this case, by trying to minimize vacancy costs.Depending on the rental market, "moving on" and finding another place to live at this late date might be difficult. 

That is the anonymity of the interweb.Additionally on this forum you are dealing with a lot of people that have developed leather tough skin from repeatedly having to deal with a hole tenants.