Why do we still build homes with sticks?  

The FEMA 50% rule does come into play, but we do a lot of ground-up construction, so some investors that do have some new build/heavy rehab experience are tearing down and building back to current codes.

Do people other than tenants in the building have access to the area?

@Keetaek Hong I have a lot of clients who are facing the same challenges but they understand the long game and that it's imperative to build a portfolio, With that lowered interest rate I mentioned you are looking at 30% down and including PM fees will typically have you around break even or barely positively cash flowing.

Quote from @David Cooper: Quote from @Lauren Sanford: Quote from @Jim Rice: Lauren, really just trying to put together a group that would what to meet up if possible and share education, information & build relationships.

I also have no problem doing some sweat work to build equity in the beginning as well.

@Thea Chard Rentvine has no mixed-use building type. 

That is a great nest egg to build upon, and it diversifies your wealth.

Whether you're curious about cost-effective renovations, navigating building codes, or optimizing a property's layout, feel free to reach out.

Since you're 6-12 months away from buying, use this time to build investor relationships, master deal analysis, and secure financing.