When I change purchase price and hard money loan info the Monthly Cashflow and Cash on Cash ROI doesn't update when I recalculate. 

@Casey Shultz careful with this kind of general comparison of rents within a zipcode as the finish doesn't justify the rent.

Facebook ads are the best way to target a specific group of people doesn't matter a city, state, or country.

If you can put hurdles and deadlines for the project to meet, the developer can spend his design and permitting money, but if he doesn't start construction you can terminate the JV.

The 2nd BR is technically not a BR - as it doesn't have a closet.

The other method requires you to be very disciplined with using the account for everything...and in the end it really doesn't work better than just paying extra to your mortgage each month.

The person either doesn't know how to read agency guidelines.

On the minus side it doesn’t have a lot of volume. 

As well as I have a cosigner who would be willing to sign the note (although he doesn't make a lot he has an additional $2M worth of real estate).So here are my questions:1) I know there are some legal issues with trying to raise money from private individuals for real estate purposes and I don't want to do something that might end me up in trouble with the law.

I don't know what types of apts they are constructing for that 200-unit bldg, but your point has made me think about it some more...People forget that just because there are a gazillion brand new, high-end 3BR apts, that doesn't mean the demand is there for them.