I've never done a re-fi before-- It just is so expensive to do commercial financing.

So I assume that they are able to offer the advice particular to a PARTICULAR and SPECIFIC transaction which could prove the difference between success and failure for the investor.Now, I have no way of knowing IF the above is true….but again my GUT FEEL tells be it most likely is.  So

This is so helpful, thank you Shawn! 

It is so important to buy property that you set yourself up for success with (they pencil out) and mitigate the risks of loss. 

Quote from @Carlos Ptriawan: Quote from @Chris Huang: Maybe so but SF is so expensive for a beginner though.  5+ Unit Multifamily can be tough right now.

The reason I have replaced pipes is so that there was adequate water pressure. 

@Troy Fisher I loved your thorough analysis speaking to why leverage is so powerful! 

The transaction time is so compressed that it strongly favors those who can quickly and accurately analyze a property and the work needed, as well as having a team in place.

Is so - what are the chances to get permits to build and what would you estimate the cost to actually get the land ready to build (water delineation, mitigation etc..)?

I am in FL looking to buy an investment property in Akron, the University area called my attention because of the need for housing for the students but in the neighborhoodscout crime website it tells me that area is so high in crime that makes me think twice about investing there.