Additionally, reaching out to other developers for their insights on the timeline's reasonableness could provide a bit more perspective.

A lot of reasonably priced multifamily homes in the city. 

There is a reason its not sold. 

Maybe they know it and will say: no one will ever rent that space because it is too small, or too far outside of main office market, or local jurisdiction has onerous business fees, etc.  

I found that my roommates took more precaution when asking for certain things and actually did take really great care of the property""They will likely be better behaved and take better care of the unit if they know""It is better to tell them now and hope that they take better care of the property"None of the above quotes are logical and can all be handled by simply telling your "fellow roommate(s)" that you do not want to be held liable for their damages.Challenge anyone to come up with a LOGICAL reason to let a tenant know you are the owner (this will be fun!)...

I have strong reasons for getting involved here and hoping to build strong relationships here.

My strategy is mainly ground-up construction because that's where I have the most experience as a construction project manager. 

The value and reason why tenant's pay a premium for MTRs is for the convenience.We do count small items like dishes, but we're not too worried about being 100% precise about it since they are small value items.

Daymond John and other main speakers emphasized the necessity of setting clear goals and maintaining a laser-focused mindset to overcome obstacles and achieve success in the competitive world of STR.

Yes, for a few reasons.1) local to you - you would most likely have an edge to start right where you are, since you may have better access to data and physically can go to the properties and/or meet investors in person, if need be, etc. 2) since the #'s are typically larger here (SoCal) you have the potential to make larger $'s !