Quote from @Jared W Smith: In commenting on your 2nd point, an Architect familiar with development vs an Architect that does other types of work each have different skill sets @Robert Frazier. 

It was to present a 22 unit multifamily apartment.

Enough” - “Your success as an investor will be determined by how you respond to punctuated moments of terror, not the years spend on cruise control”The Noticer: - “One way to define wisdom, is the ability to see into the future the consequences of your choices in the present.

I agree with the other commenters.

For example, when most of my development clients started building their portfolios, they picked up properties in areas where at least 1 of 3 things was almost always present: 1) They currently or have previously lived in the area, 2) they have family or friends that attend religious services in the area, or 3) they regularly visit family or friends that live in the area.

With this comes additional transactional costs that are more likely to present themselves in this asset class than other price point SFH's.

@Annie Schrock thanks for the comment, definitely having the right contractor, always meeting your deadlines and doing full due diligence can make or break a deal! 

So you need some tangible experience + very quality deal + communication skills to present to the investors.

Partnerships can be beneficial, but they can also present challenges if not structured correctly.

Quote from @Sebastian Marroquin: appreciate the comments above… but there is always a way. https://www.zillow.com/homedetails/3936-Broadway-San-Diego-C...All i did was search SD homes and in less than 3 seconds saw this home.