New Construction 30 Unit Multi-Family Help (Southern California)

[Account Closed]

Hey everyone,

I'm new to the BP forums, and I am really interested in learning more about real estate - especially multi-family. I've always been interested in real estate, but I am now taking a very active role in educating myself to help my family. 

My father recently purchased a small multi-unit apartment complex in Los Angeles. My father has never done anything like this before and is new to real estate. He is an entrepreneur with a successful business, but I am a little worried he is going in a little over his head with his real estate development project. He has plans to demolish the building and build a new-construction 30 unit complex in the next year or two once the current tenants leave. 

My question is, does anyone have any tips or resources on helping make this project a success? I want to take an active role in this and make sure that I am educated and soak up as much knowledge about new construction multi-family units as possible. If anyone has any resources or specific tips and things to look out for, please let me know.

Thank you!