I was going to also increase their late fee significantly or to accrue daily, but a new law in CT just set the limit to $50.

Stable rent with annual increases, low turnover and long term. 

That increase your cost- Travel.

I think you can be fairly confident in the fact that he's not going to get the money from another lender so really the ball is in his court on how he wants to proceed if he wants the financing. 

It is taking longer to complete projects which with carried interest increased cost, as well as overall construction costs have increased.

This will continue to push up the prices.Sales - Months of SupplySales - Median $/SF by MonthDespite increasing interest rates, $/SF climbed throughout 2023.

.- Bitcoin Crosses $1 Trillion Market Cap (@KobeissiLetter).Today’s Interest Rate: 7.13%(☝️ .17% from this time last week, 30-yr mortgage)Mortgage Rate UpdateMortgage rates are climbing higher again this week to 7.13%, doubling last week’s increase - up ~1/2% in just 2 weeks.

Also to grow the LLC in the long run where we are planning to proactively increase our portfolio which is the way to go ?

In my last post, we talked about how leasing occurred in scatter site single family home rentals in the olden days before Bluetooth and self-showing lockboxes.

Your approach to calculating the maximum construction size within a specified budget is enlightening.Based on your figures, I've noted the project budget as follows: Land Acquisition: $8,000 Utilities and Tap Fees: $7,000 Engineering, Building Permits, and Architect Fees: $5,000 Construction Cost: $180,000 (at $160 per square foot for up to 1,125 square feet) Total Project Cost: $200,000This budget underscores the critical importance of efficient cost management, especially in balancing project size and quality within the financial limits.Considering my project will be situated in New England, where costs tend to be higher, I've adjusted the budget to reflect a 40% increase in utilities, tap fees, engineering, building permits, and architect fees relative to the costs you've outlined for Ohio.