Love seeing architects make the leap into development and investing — your background in design and construction already gives you a huge edge.

Land costs a fortune there so they have to go into the retail prices of any future development, which is a protection against overbuilding putting pressure on price and short-term rental rates and a protection against competition for property owners.

I would love to know this too as I am looking for a mastermind group to join and help with knowledge sharing, learning, skill development, conacts/networking, accountability and of course fun...which is highly underrated. 

You’ll need:* Lenders willing to work with you on terms and seasoning* Solid execution on rehab and stabilization* Time for rents and financials to “season” before a refinance makes senseOn top of that, don’t forget the administrative costs: accounting software, CPA fees, licenses, taxes, and compliance.

Columbus especially has been super strong with population and job growth, huge developments coming in, and it's been one of the most stable Midwest markets for rent growth.

My software company makes access keyless using reliable smart locks. 

@Jackie Bodine you don’t need to buy expensive software to pay off your mortgage early.

If I say the name, the moderators have to delete my post for self promotion (I get it) My software connects to all of the top-rated smart locks and many do not require Wi-fi for full remote access control. 

The ROI MathOn a $1.2M commercial asset, a quality study might find ~$300k+ in accelerated depreciation.If you do it yourself and miss just 10% of that (which is easy to do without engineering software), you’ve lost $30k in deductions.That loss is far greater than the few thousand dollars you’d save on a fee.My advice:Don't DIY a commercial asset.

What software should I use?