I am new to Joliet (and Illinois) and just bought my first duplex in the Cathedral area in December. We were talking to a neighbor of ours and she told us that the city is putting in a new stadium (sounds like it will...

The project I had wanted to do requires a Whiteville sewer tap, so my non-subdivision, 10 door (townhome or SFR) project is on hold until I can dedicate time and energy to get it moving. 

The fact that YOU are taking your West coast gains and leaving would give me pause if I lived on the West coast. actually my Oregon investments are pretty substantial just not in the rental realm  all new construction.. just finished a 23 home project were I sold the homes at 425k to 500k... and have a 90 lot one lined up for next year.. that will be a 50 million dollar deal.. so no I am not taking it all out of state.. although we have some pretty substantial projects in Charleston SC as well.as you know this is predominately a landlord site... and I am not a landlord.. but quite active in real estate in other avenues.. 

The non-profit is implementing a project called the Teachers village or Educators Village.

Profit split on the back end if you have the time to oversee the project. 

It is one of the reasons I highly recommend all RE investors start local.My point is that your projections on expenses look very optimistic.  

Sometimes it can be better to have a BUFFER between the owner of a project and government officials.

WA FED is super strong on owner builder financing  just FYI  good luck with the project.. sounds exciting..

I have other projects that I intend to complete still as well. 

Take pics and measurements of the project and email that to them along with what the local code enforcement requirements are.