I’m a former operations manager of a real estate syndication fund, a Principal Broker with over one hundred million dollars in investment sales, and an active investor who still gets his hands dirty in long-term rentals and development.

This is not a forgiving first apartment deal, even for someone with solid SF experience.In your case, Jerry, you do have construction and investing experience, which helps — but the scale still demands a margin that reflects:Execution riskCarry costs during an extended lease-upMarket shifts while capital is tied upGreg’s point really reinforces why this deal needs true development-style pricing, not just a light value-add discount.

Are you still developing your app?

However, many resort areas have developments specifically intended for Short Term Rentals. 

What actually works best is developing your own network of family, friends and acquaintences.Social media makes it so easy to tap your personal network and develop it.Unfortunately, many are afraid to approach their network - which often means you're NOT proud of what you are doing or lack confidence and don't want to screw someone you know over.

Hey BiggerPockets members,I’m looking to connect with developers or flippers who could use extra hands on their deals(if you do something else its okay, I still would like to connect).

That is developing real-world deal experience. 

@Alex Morales I think proplab is still developing, it didnt even picked up my address for analyses. 

Matt & Geoff, GNW Development

We have never developed a property before though and would be new to the construction loan/financing piece to see it through.