It's a classic new investor mistake to start thinking of a way to make more money on a single-family without considering the fact that there are local codes and ordinances designed to prevent that.

We had issues with the water department on this property and with engineering on some of our design.

I live just north of central Ocala and their historic district  is currently undergoing renovation with ongoing discussions with the city to designate Wyomina Park as a potential fifth historic district. 

Hi BP community, I'm relaying what I put on my FB page as a way to get input from friends/family on a logo design,  my intent for posting it on BP is two-fold.1) most importantly, get a sense for the potential to try and link non-profits that work with crisis, transitioning, temporary housing with investors/landlords/property managers who may have unutilized / underutilized units that they can put somebody up for a few days to a few months.

ThanksDaveSounds like you are letting the contractor make renovation and design decisions for you.  

Its a designated opportunity zone and there are multi-families there to pick from.

It's not essentially designed for real estate so especially with capitalizing renovations and such having a professional help out will keep from a big fee for cleanup work at tax time. 

I currently live in Los Angeles but would consider Midwest options.I appreciate any advice or recommendations to achieve my dream of working in real estate on the design/construction/build side.Thanks,Ashlea

Brand new builds still need to inspect for construction and design issues and as you get into older age buildings then lots more things to watch out for.

Believe it or not, the U.S. tax system is filled with loopholes designed specifically to benefit real estate investors.