The fourplex only exists because the zoning has been grandfathered in, on paper it is R2.This is my understanding of how SB 330 would affect my project:If I raze the building, I can't build anything less than four units ("An affected city or an affected county shall not approve a housing development project that will require the demolition of occupied or vacant protected units, unless all of the following apply: (A) (i) The project will replace all existing or demolished protected units.)Additionally, because the units exist under rent control (market rate), the rents of the new buildings in the future must also be rent controlled.

I'd say normally you see restrictions within condo buildings rather than SFH developments with HOAs, but it's always good to check for sure.

We have assisted hundreds of investors in 1031 Exchange, and developing their own "hands-off" diversified portfolio of institutional real estate.Can read more on my blog here on BPhttps://www.biggerpockets.com/... 

Over 3 years, it developed a ½” crack.

https://www.timesherald.com/lo...The huge development plan on the corner of Dekalb and Main st. just received a huge endorsement from Norristown officials further solidifying the legitimacy of this project.

From there, as I continue to save money I'll look to find distressed properties to BRRRR or flip so that I stay active in real estate investing and I develop the skills I need to be successful in the long run.

I want to know if the area I'll be heading to in NJ has any new developments planned or maybe even in progress.

Purchase price: $140,000 Cash invested: $33,000 single family home, got it really cheap because there was a hoarder in it. located in a developement zone one house off the spokane river.

A little background of the situation for context:A partner and I have been brought onto a development project in a massively growing market in Colorado.

I closed on my second rental property 6 months ago, a 4 family in the Boston/Worcester/Lowell area in a C neighborhood. 3 units are doing fine, but the fourth unit (inherited tenant) has gone from bad to worse and has now pretty clearly developed into a drug den and includes needles on the ground and people with ankle bracelets staying there not on the lease.