My main thing I am interested in is developing luxury apartments or anything with 20+ doors, being the owner and renting them out.

Standards of practice developed to protect and defend profits and capitol. 

Real estate with strong fundamentals that was acquired or developed during the low interest rate environment prior to the 2022 rate increases should be able to withstand the rate environment we’ve since experienced.

At this stage of your life, communication skills are most important so be sure to develop those.

To take a lower ownership stake but be preferred return heavy on the distribution the deal has to be a short round trip like a for-sale development flip where the gain is realized in a shorter duration.

As a developer we can assume anything we think is value.

This project is not fully sold yet, its a new construction and there is a City Main Street big project being developed in the very front of our community, and its ETA would be 2027-28.

Knowing the market would be better to help gauge, but is the main city expanding, pushing into and past this area, how much new development is going on to increase local prices?

Finally when they are ready, house hacking with FHA or first time buyer programs is an effective way to develop long term wealth while teaching leverage, cash flow and responsibility.Good luck.

It’s still affordable with properties in the $120–180k range that hit the 1% rule and cash flow from day one, and the appreciation potential is strong because of all the development happening.