I submit on BP your for sure one  of the most sophisticated members when it comes to this space .

Most lenders I know that lend on projections just go off AirDNA cut and dry.Are you using the premium version of AirDNA that allows your to see the comps or just going off the generated numberIf there are no lakefront comps, I am afraid you will be sort of winging it. 

using a hard money lender is a great resource . what is the project looking like ? 

I enjoy woodworking and epoxy projects. 

However, why are there barely any private inspectors who can be hired to inspect construction/remodeling projects being done on properties? 

Hi, I would love to hear what everyone's favorite project management software has been in the last year? 

Purchase price: $3,000,000 Cash invested: $6,000,000 Sale price: $25,000,000 Ground Up development project due to be completed Q3 2025 What made you interested in investing in this type of deal?

Rabbu projects average annual revenue to be $47k.

The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

Although in the last couple deals most have come out as 506C deals where only accredited investors are allowed, there are still 506B syndications where you can be a sophisticated investor (self proclaimed) so you don't have to be accredited.