“As much as possible” is a negotiation tactic, but early signals suggest another $100 million round is genuinely in play.

Finding the right person for the job ensures that they can leverage their unique strengths to outdo the competition and maximize our investment opportunities.By aligning incentives and playing matchmaker with our team, we've created a tight-knit crew of high-fliers.

Just not sure a fix-and-flip multifamily approach would necessarily be the best play right now.

For a GC/carpenter, the highest‑leverage play is value‑add buy‑and‑hold using BRRRR or a light hybrid: buy dated but solid properties, do targeted cosmetic/mechanical upgrades you can execute fast, place a quality tenant, then refinance and recycle capital .

     - Because you’re doing 50% of the work, your timeline is longer → rental cash flow starts later.This is the long-term wealth play — but slow.Option 2 - Flip ($60K profit)Pros     - Gives you instant capital to reinvest

Staying updated on market trends and tenant preferences in the region will empower you to make well-informed decisions.Every experience, whether favorable or challenging, plays a role in your development as a property owner.

**OPERATING COST REALITY CHECK:**- Insurance: +29% YoY (coastal exposure + reinsurance crisis)- Maintenance: +24% (labor + materials)- Property Taxes: +22% (reassessments catching up)- Condo Fees: +45% since 2021 (SB 4-D structural compliance)**MARKET DYNAMICS:**- Luxury ($1M+): 10.2 months inventory, seeing 10% discounts- Single-family: 6.4 months, still climbing 4% annually- Condo/townhome: 12 months inventory (buyer's market forming)**CAP RATE SPREAD:**- Miami core (Brickell/Downtown): 4.7%- Suburban (Doral/Kendall/Homestead): 5.3%- 60bp spread = biggest arbitrage opportunity in years**INVESTOR BEHAVIOR SHIFT:**Seeing capital rotate from luxury spec plays → workforce housing with stable cash flow.

Unfortunately the listing agent was playing games and we ended up withdrawing the offer because we no longer felt like we could trust the Seller or the listing agent.

Using my excel spreadsheet I've been able to play around with the numbers and figure out what I'm willing to pay, but the difference is so vast I don't know what's considered a fair initial offer or what's considered an insulting low ball. 

I wanted to ask — who's really playing games here?