Stick to the numbers, build systems early, and avoid emotional decisions.Get comfortable being uncomfortable.

@Fallon Gilbert you did not indicate where you are at.

Starting with either SFR or multiunit can work well but the decision often comes down to your comfort level with management and financing.

I don't know when the top will be but it feels way too close for comfort. 

Also, as Jay Hinrichs indicated, you haven't deducted the land that is needed for the roads, curb, gutter and sidewalk, nor the costs of installing infrastructure (water, sewer, gas, possibly cable, electric, etc.) 

I'm comfortable with numbers and sales, but I'm still working on understanding how different market types affect investment strategies. 

This will help you get comfortable analyzing cash flow and returns.

The best thing you can do is to have a QI that "fits" with you, that you're comfortable with, and is readily accessible to answer any questions you have.

Mortgage News Daily says it was 1 in every 45 homes.Today’s Numbers Don’t Indicate a Market in TroubleBut here’s what everyone remembers…Leading up to the crash, risky lending practices left homeowners with payments they eventually couldn’t afford.

As someone deeply immersed in the real estate finance world, having worked with numerous direct lenders and analyzed countless deals, I want to break down what this data means for lenders, brokers, and borrowers/developers alike.The Big Picture: A Market Slowing its PaceThe data clearly indicates a slowdown in the housing market for 2025, primarily driven by sustained higher mortgage rates and a gradual increase in housing supply.