All very busy maybe a quick cup of coffee some time. 

I did a quick exterior walk that day and then arranged to get in the units the following week.

Yes, interest rates (although the payments are interest only) and points are higher than for a bank, but the advantage is that good hard money lenders with whom you have a relationship will lend on properties that banks won't touch, have minimal underwriting, allow you to make what is essentially a cash offer to the seller, close quickly, and give you their input for your project along the way if you need it.

Ideally, we would like to leverage the land as collateral rather than inject additional cash into the project.We’re looking to connect with lenders experienced in similar residential development projects who are interested in moving quickly.

The words "quick" and "easy" are part of the thought process of those wanting to "start out" in REI doing wholesaling. 

RECOMMENDATION - Clear GO/NO-GO with specific reasoning - If GO: Key value drivers and execution priorities - If NO-GO: What would need to change for deal to work - Due diligence action items TARGET CRITERIA: - Markets: TN, KY, FL preferred (pro-landlord states) - B and C+ class neighborhoods preferred (A class = lower returns, D class = higher risk) - Value-add opportunities through renovation and rent growth - Conservative underwriting with realistic expense assumptions - Cash flow target: Varies by deal size - provide actual monthly cash flow projection (Note: Portfolio approach may combine multiple smaller deals to reach aggregate targets) CASH FLOW PRESENTATION: - Always show: Monthly cash flow at stabilization - Always show: Annual cash-on-cash return % - Let the numbers speak - no arbitrary minimums per deal - Flag if deal is cash flow negative or marginal (<$2,000/month) OUTPUT STYLE: - Lead with executive summary: property class, neighborhood grade, and recommendation - Present demographic data in clear tables - Show all financial assumptions and calculations - Be direct about weaknesses - crime, poverty, or demographic concerns that affect risk - Flag if neighborhood quality doesn't align with investment criteria - Provide specific action items for due diligence RESEARCH APPROACH: - Use web search to gather current crime statistics, census data, and economic indicators - Cross-reference multiple sources for demographic accuracy - Compare area metrics to county/state/national averages for context - Identify trends (improving vs. declining neighborhoods)Is anybody else using something similar to do a quick vetting of deals? 

Quick check if you find a 10 unit at 900k and it nets 90k a year that is a 10 percent cap and solid in many GA and TN markets, but if expenses are loose and true NOI is 70k you just paid a 7.7 cap and that is a different deal.

Hit your local REI meetups (quick Google search, Facebook groups, Meetup.com, BiggerPockets events, etc.).

It sounds like you’re approaching it the right way, getting clarity on local STR rules and HOA restrictions early is critical, since those can change quickly and directly impact revenue assumptions. 

It’s useful for preliminary deal analysis and underwriting (running quick scenarios, organizing assumptions, and pressure-testing numbers quickly).There are also more research-focused AI tools now that help summarize market data, zoning regulations, and economic trends so you can process information more efficiently.