Hi all,I am located in North Carolina and am looking to have a builder build new construction and then I sell it once complete.

The project is 1.9 million for the land and then the development of the low-income housing 

OR do you actually take a trip to visit all properties then decide? 

Then from there you can call local PM's to get a better feel for market rents to verify your assumption for further due diligence 

So there goes all your cash flow and then a lot more.

If you're wanting to invest in STR's, then you likely cannot use your solo401k.

You then have to decide if you want to assign your contractor to the new buyer or double close. 

@Adam TaylorQuestion really is are you going to use them and look at themHaving spent decades in the MF and other spaces, I have built a lot of models and always tweaked them as many times we fall into the “this is cool information to have” but then you have to ask yourself - do you use it?

But the art of picking out the gems within those 20,000 homes and then negotiating the best price possible is the challenge.

If that is the case, why not ask them how they avoid a conflict of interest because as a client you expect them to show you places that are a good rental; however, if they are also looking to buy those places then you don't want to work with them as they will put their interest ahead of yours (the client).