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The biggest risk to your project is going to be the cost of construction. You need to ensure that the Hydraulic and Structural Engineer doing the CC drawings is the best the game. A 10% variance in the use of steel or concrete can make a huge difference in your cost/profit.

Doing that size development isn't just about financials - the lender needs to see that you have prior experience. The builder must be on the panel of the lender - you cannot just get any builder do to the build. Also you are going to need presales - how many will be dependent on the lender and...