Most national and even regional builders are focused on the business of building projects out (i.e. they are construction projects) and local developers often are more focused on the entitlement process.

Try to learn as much about the region you are looking to buy in as possible.

The dollar is very strong in that region and it seems to be growing every time I visit.

We also target the Indianapolis region with our current fund and feel very confident we will hit 20-25% IRR over the next 5 years :)

I like our regional and local banks, so cannot really comment on NY.

.+ Strategic hires to strengthen our team: In 2021 we hired a CFO (who is both a lawyer and a CPA), a new Director of Manufactured Home Sales, a VP of Acquisitions, and two highly qualified Regional Property Managers.

So many details are region specific.

you have national or semi national HML companies think Lima one  Kavi. you have regional ones  think Lending one in FLA and you have local   there has been huge competition in HML space over the last 7 years when wall st. backed funds came in and provided massive capital to HML companies.. as such rates can be based on location as well..

And also, is there anyone else in this region on the forum?

We can also integrate you in our system to maximize your efficiency and allow you to stack jobs one on top of another in a geographic region.