Quote from @Nicolas Tow: I recently purchased a 3,125 square foot empty lot in the 27th ward area of Humboldt Park Chicago and I was wondering how difficult it is to re zone from RS-3 to RS3.5 or RT 4.

Purchase price: $140,000 in Nov. 2005 Sale price: $175,000 in July 20071872 square foot single family home with no garage.

I'm seeking opinions and examples of per-square-foot costs for constructing new multi-family developments in NYC. 

This is a great strategy to use for beginners who want to get a foot in the door of investing while also learning crucial skills just as tenant management. 

We use Google Docs Template - it is good because you can share it digitally as well as print and leave in home. 

Why do you think purchase contracts are so long and have such small print?

The next property I purchase in their geographic footprint will also be managed by them.  

Multi-family properties many times provide a better return per square foot than single family, which would be to your advantage as well.As long as you're mindful of the reinvestment requirements and purchase at least as much as you sold and use all of the proceeds, you shouldn't have any issues with this strategy.

Gross profit is interesting because it appears to just be the difference in his acquisition and sales price and fails to take into account the other obvious cost of running that business which includes, again according to him, the cost of over 26,000 letter print, mail, post, and the cost of the lists needed to create a mailer of that size. 

Put your best foot forward.For a water front house I always lead with the water.For you it could be the arcade room.