But if the portfolio is scattered, those efficiencies disappear quickly.The other big factor is whether you actually want to run a management business inside your investment business.

Meadowview Village is a 163-home community designed to provide attainable homeownership through factory-built efficiency and community-first design.

Jason's point about capital being the gating factor is real — but I'd push back a little for small multifamily in Miami specifically.

The plan is to install factory-built homes on permanent foundations (titled as real property) and sell them upon completion.High-level details:--> ARV: ~$265K per home (~$530K total)--> Loan request: ~$170K per property (~65% ARV)--> Timeline: ~6 months from install to sale--> Exit: retail sale (MLS)--> First lien on each parcelComps in the same subdivision have recently sold in the $260K–$270K range, and the project is aimed at entry-level housing demand in the Albuquerque commuter market.Traditional construction and MH lenders have mostly passed due to (a) non-owner occupied structure, (b) the manufactured housing classification, or (c) the rural location.  

Murphy beds, wall mounted fold down tables/desks, multi-purpose furniture pieces (high/low coffee tables), space saving storage ideas, hidden TV's, combo washer/dryer units, there are a lot of innovative options these...

Yes, interest rates (although the payments are interest only) and points are higher than for a bank, but the advantage is that good hard money lenders with whom you have a relationship will lend on properties that banks won't touch, have minimal underwriting, allow you to make what is essentially a cash offer to the seller, close quickly, and give you their input for your project along the way if you need it.The relationship and trust factor is everything with private money.

If you refinance everything into a new loan you’d likely be replacing that with something in the mid-6% range, which can change the math quite a bit.Another factor is leverage.

The goal is to create a simple, efficient Airbnb or mid-term rental unit.Size:183" x 183" (about 15’3” x 15’3” / ~233 sq ft)Proposed Layout:Bathroom: about 5’ x 7’36"x36" showertoiletsmall vanityKitchenette wallsinkcompact fridgemicrowave~6 ft counterMain roomqueen bedsmall couchsmall table or deskMini split HVACThe plan is to keep it clean and simple to get it income-ready first, then potentially upgrade later.My goals for the project:• Launch an income-producing guest house• Keep the build cost efficient• Maintain flexibility for short-term or mid-term rentalA few questions for those who have done similar projects:Does this layout seem efficient for a ~230 sq ft studio, or would you change anything?

One of my investors has a very efficient process with his flips (6-8 weeks, sometimes less depending on work needed), and his solution is to always buy and keep 1 or 2 properties "in the pipes" while his crews finish up previous ones.

The other factor: is the second bathroom currently unusable or just small?