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Updated almost 4 years ago,

User Stats

21
Posts
10
Votes
Yizhen Su
  • Investor
  • Charlotte, NC
10
Votes |
21
Posts

Buying or Building multiunit residence?

Yizhen Su
  • Investor
  • Charlotte, NC
Posted

I've identified a potential growth area that is in a rural situation with potential growth with highly educated students and staff. I'm dealing with small town rural situation but lots of growth potential and I'm wondering if it would be worth it to build a new apartment complex to appeal to the highly educated well-to-do to set the business apart from the complexes built in the late 80's that is the only thing available and possibly only SFH available for rent. Has anyone tried to build in 1: a rural setting in GA, 2: have trouble finding land connected to the internet beyond DSL, had builder issues because no one had the expertise in the area/had to go out of town to get the builder?