I guess when people get their k-1's they may know more. from what I have seen with Grocapitus it was more than just vanilla MF  they had developments stalled and so on and so forth.. 

Hi Hunter, if you are so inclined it would be worth considering starting part time with tradesmen to get a feel for renovations, repairs and develop skills that will benefit you later.

Because we targeted the specific structure type, in a specific development, in a specific market, for math/fact based reasons for all those. 

I made that metric up.He nodded approvingly.We're "AI-enabled" now.I don't know what that means.But it's in our investor deck.A senior developer asked why we didn't use Claude or ChatGPT.I said we needed "enterprise-grade security."

Since you have capital, I would purchase the lot (after talking to planning/zoning), go through entitlements, secure permitting needed, then look for the development and vertical financing, although you can do this concurently.

Thank you for any input.Who this event is for: Active real estate investors (3+ deals ideally) ready to execute value-add dealsBRRRR, flip, and small-scale development operatorsInvestors who want to understand the full lifecycle of a dealThose looking to improve underwriting, financing, construction, and project managementBuilders of repeatable systems—not one-off wins

That’s why many buyers feel torn: existing homes in established neighborhoods are expensive and limited, while new homes are more affordable but often farther out or less developed.

I've not worked specifically on a multifamily development project, but have worked on many retail/medical development projects.  

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

Developing a strong relationship with an experienced, competent lender is key.