Summary: City dictates dvlpmnt: zoning, permits, & plans apprvd Labor rates rising but has found material costs to decrease due 2 strat. partnrshps Sam looks to exit a propt. in 5 yrs w/ certain investors holds indefinitely Trinity Ca itself by systematizing & develop niche Be flexible & adaptable Sam traded plot of land for RV park Dvlpmnts focus on IRR & $ on $ Returns Trinity trgtng 5 yr hold & 30% IRR HUD loans longer 2 process, backup opt. 2 years/ build & generally lngr hld period cmpr to mltyfm acq.
