That would mean there is an approved site plan that includes roads, water, sewer, storm water, curb, gutter and any required buffers.

I want to refurbish the entire house, including a complete kitchen and baths renovation, add an addition on the east side, new roof and siding, new flooring everywhere, paint inside and out"Then ask the GC to go over and put this into a more formal document.

You have a “full” package including property(s) identified, acquisitions under contract, appraisals performed by MAI appraisers, historical financial statements, pro forma projections, surveys, title reports, feasibility studies3.

Hi Jessica,I think there are dozens, myself included, and many who now have construction loans outstanding.

Areas close to BlueOval City will likely see an increase in housing development, including single-family homes, apartments, and short-term rental properties for contractors and temporary workers.

I’ve included the text screenshots for your information.

@Evan Polaski I don't include any fees, not even an acquisition fee or ongoing asset management fee.

I like new construction since there isn't any deferred maintenance and the properties should be relatively maintenance free for the first couple years (although it's good to include maintenance/repairs in your pro forma and maintain reserves just in case). 

This is all indications of a super sensitive earnings, extremely sticky projected inflation, and the bond market being way in front of the Fed. 

Agreed- with a long term rental you can be very clear and upfront about all the nuances/quirks of the property and what is included because the transaction has far more direct communication.