I’m a little concerned about off season rentals.

Hi Michael,If you work with investors I'm sure they'd be willing to share the cost of their project so you can get them more deals with accurate numbers.

The information shared is based on my experience and industry knowledge and should not be considered legal, tax, or financial advice.

@Robert Ellis The additional information you shared changes the capital raise.

They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.

I’m curious what rates look like these days for a commercial apartment building around 1.5M.If any lenders could chime in or investors who have seen recent rates please share!!

People’s Republic of Asheville is more concerned with STR regulations than people living in boxes on the streets.

You've shared so many gems and described a realistic depiction of purchasing an investment property. 

In some cases, this may not be a concern if the loan is owned by Freddie Mac or Fannie Mae.

Either way, could you please share your experience on the journey so far?