You lock in at a rate lower than the local power rates to save money, but the company is the one selling excess power back to the utility.

Industrial space seems in high demand when times are bad but they are inflated prices.

So, more than DTI what they will look at is debt utilization. 

Normal homes don't attract and the industry and game has changed from 10 years back.

It truly is an amazing industry. 

Quote from @Matthew Dangerfield: If you didn't already have a list of general contractors built up from your time in the flipping industry, how would you start your search? 

Using an average utility expense is futile because you don't know the age of the furnace, HVAC, hot water heater.

But when it comes to buying or selling a home, we’re still juggling emails, chasing down docs, dealing with delays, and trying to coordinate half a dozen people at once.Even experienced investors I know still describe closings as “organized chaos.”It feels like the industry is long overdue for a reset—one that brings simplicity, clarity, and real-time visibility into the process.

Looking into Industrial real estate funds, however I am not a fan of capital calls.  

When ChatGPT first emerged, it was primarily used for writing, where it utilized its highest probability to guess what needed to be typed based on the information stored in its large language model (LLM).