I'm breaking ground on a 163 home subdivision up there in the spring.

They might have $100 a month for grounds maintenance but it might cost you $300. 

I like to make sure both sides know the vision, budget, and timeline before we break ground, and then keep things transparent with regular updates along the way.

He eventually broke into ground-up construction and now does larger-unit builds.

We try not to work in areas where we don't have some sort of trustworthy "boots on the ground".

At some point will need a "man on the ground"  to manage projects and oversee progress.Thank you

Quote from @Michael Santeusanio: For anyone who’s taken on a construction loan for a ground-up build or heavy rehab—what’s something you wish you knew before starting the process? 

Even something simple like bringing deal leads, offering to help with boots-on-the-ground tasks, or just covering lunch/dinner goes a long way.Be specific.

Ask about their terms, seasoning requirements, and how quickly they can close.Data/Deal Analysis: Stick to simple rules at first (70% ARV rule, rent-to-price ratio, etc.) so you don’t get stuck in analysis paralysis.Partnerships: Make sure roles and expectations are crystal clear with your partners before money gets involved.If you’d like, I can share a few resources that break down the first BRRRR step-by-step so you and your partners can hit the ground running.

I’m looking into the best way to structure a Qualified Opportunity Zone (QOZ) Fund and a Qualified Opportunity Zone Business (QOZB) for ground-up construction and land entitlement in Columbus, Ohio for hotel and multifamily development.