This generated $2M+ in equity, and thus is highly lucrative, but takes 2-3 years.Note worthy: I am located in California, but I did this project in Canada.

What is the end product of your effort and where is it located, how long will it take to sell?

Sorry if this has been covered before, we are located in Minnesota if that matters.   

its location dependant.. 

Where is the property located and is it SF, 1-4 MF, or 5+ MF?

Starting with the right location can make all the difference, even if it’s outside your immediate area.Best of luck with your investment journey!

The truly tragic natural disasters in California, North Carolina, Florida and others of the past six months are evidence that no location is truly 'climate safe,' however there are geographical areas that can expect less weather extremes and lower costs of living, developing, insuring and seemingly...surviving. 

The advantage is that rehab loans are based on the value of your home after the improvements.Since Home 1 will be the quickest to move on, please DM me the state where Home 1 is located, the purchase price and how much you have spent on rehabs to-date.

The discrepancy between property values listed in their offering statements and actual values (relying specifically on Philadelphia real estate inventory, which is where I am located and have knowledge of property values)Have any active investors cared to look into this? 

@Polat Caglayan very ambiguosu question, but read the helpful info below to guide your next set of questions:)-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?