USAA covers all of our long term rentals - excellent prices and strong coverage.

Typical might be average $6,000 a year in distributions a total of $30,000 with the balance of $70,000 from increase in value.So you might look at that breakdown, the more cash flow the less appreciation dependent the deal is. 

In continuance, what type of returns are outside investors looking for typically?  

🏡 I'm a landlord looking to adjust the rent for my rental property this year.What's the typical percentage increase you've found to be fair and effective in 2024 in your experience?

Rather than syndicating the equity as you're starting up, you might find a path forward in a JV structure with one of the emerging REPE groups that are already raising discretionary funds in this sector - Happy Camper Capital comes to mind - IF you find the right deals and combine them with a strong business plan + reasonable co-invest (typically 10% of the equity required - JV partner puts up the other 90%). 

Now they said ok to drop 25k and we cover for everything including the hazardous flags.

@Matt LopezNot an economist but smaller banks will be in a lot of trouble, banks will also tighten lending standards making it harder for people and businesses to get loans which typically leads to higher unemployment due to cash flow issuesThis will then lead to softening in housing.

About 400 acres in total, covering 4 parcels with 4 different owner groups. 

You avoid 8-12 months of pain having to deal with builder delays, ground breaking due to winter/hard ground, costs of materials or shortage of inventories, etc.If that’s not your cup of tea you still have Charlotte, Duram and Fayetteville all offer some great sale prices on SFR's and 2-4 units for STR/LTR.Owning a home is a plus to get started if there is equity to use and you want to stay cash fluid just pull out some cash through a refinance or Heloc to cover the DP on the new REI.

I think my first step needs to be to call the PM company and find out what they are charging and get a feeling for how they typically handle these situations.