Did you work out the numbers on a typical cost of a build in your area? 

Each development typically targets doubling the money you put in over those 4 years. 

Is the income approach for appraisal typically used, since you'll be renting out all units?

If it is truly a commercial mixed-use building, 65-70 LTV is the typical range for an asset type like this. 

As a result, multi-family properties typically generate lower overall income than single-family properties occupied by reliable tenants.

They sign up for a guru, co-sponsor a couple deals (typically for someone else that has no real experience) and then start sourcing deals themselves. 

Hey @Elena Lyutenko - Assuming you’re considered a US tax resident (which most H1B visa holders are), you can typically claim depreciation, bonus depreciation, and other rental property deductions just like any other taxpayer. 

A three-bedroom in a typical suburban neighborhood, nothing flashy.

I live in a market where, at the time, typical 4plexes were going in the 400-500k range.

That’s why before responding to his demand, it’s worth confirming with a local landlord-tenant attorney whether you were legally required to pay relocation assistance, and if so, how much.His claim for $18,800 sounds like it’s based more on personal disruption than on any statutory requirement, and courts typically look to what the law requires rather than subjective hardship claims.