Simple: it’s called scaling a business model — the same way real estate syndicators raise capital, developers bring in JV partners, or educators expand their reach.

a big part of development is being able to work through the inevitable problems. 

We considered building slightly under 750 sq ft (2bd/2ba) to avoid school fees ($4K), park development fees ($5,775). 

The biggest hurdle I see with arbitrage is developing a pitch to use when approaching landlords, which you can probably do with a little research on BP and ChatGPT.

I will go with the above statements I'm sure are data based and my view is not. 

There are other markets in Michigan as well but Lansing is the State capital with lots of economic development which drives jobs, which drives housing demand, which drives rent growth and appreciation.We have local property manager partners in these markets that are experienced, can handle unit turns to rehabs, and the other local members of the team you will need.To Your Success!

I have a 13 acre parcel in Austin that we are looking to develop, let me know if you wanna chat

Interest rates and inflation have slowed new development.

I am about a month late so in during that time I’m sure you are steps ahead but, in case you still need guidance on structuring contractual agreements and understanding why having certain terms in your contract is important, I have developed a templates for the contract you’ll need with the seller as well as an assignment of contract that you’l need with your end-buyer.

I am glad to connect and share our experiences while you do the deal analysis and develop your local broker, lender and PM connections.Good luck!