IPS Deal Map | Every Market and Project We've Underwritten

IPS ApprovedUnder ReviewWatch ListComing SoonPassedSold / Unavailable What do these mean?

Every property we analyze gets one of six calls. Passed deals stay on this map on purpose — the ratio is the point.

IPS ApprovedCleared our underwriting. Rent, expenses and cash flow all hold up against our criteria.

Under ReviewIn front of us right now. We're verifying rents, expenses and builder terms before we make a call.

Watch ListA community we like that doesn't pencil today. We're watching price, rate and incentive changes.

Coming SoonIdentified before inventory is released. Pricing and rents are projections until homes are listed.

PassedAnalyzed and turned down. The numbers didn't clear our criteria; the note on each one says why.

Sold / UnavailableNo longer available. Kept on the map as part of the track record.

Dashed ringAn approximate pin. We know the community, not the exact site — so the map shows the area rather than a false address.

Properties (37)

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Project Name	Market	Price	Est. Rent	Cap Rate	Cash Flow	IPS Status	Why