🏡 MASSIVE transformation coming near downtown…🏙️With one of the last areas to develop near downtown, the neighborhood just south of Empower Field will get a massive upgrade 🏟️The stadium district master plan is only 10% done, but will include a mixture of housing options, jobs, game day/special event experiences, and more.When this 58 acre space is developed, it will re-shape the landscape of downtown once again…

You have a kick butt deal, if you generate ha;f the cash flow you’re planning on you’ll be ok.

Find RE professionals in those markets.

The price was low in 2014, today that same price is riduculously low, and the buyers in 2014 improved the property tremendously and recently re-sold for $230,000, good for them! 

Also after searching more about them they bought over 10 more locations ( business only no RE) however they aren’t changing the name.

RE Pro Status supercharges this.If you or your spouse are an RE Pro, your LP investments can lead to depreciation offsetting both passive and active income.If you are not an RE Pro, the losses due to depreciation can only be used to offset passive income—such as income from other rental properties or other passive investments.This post is misleading ... 

Profits do not justify their effort even with the ADU addition in this case typically not being hands off .Here is a list of things that make ADU additions a less than optimal RE investment but the value added and starting with tens of thousands negative is a big one that needs to be well understood. 1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Banks usually like to have their loans secured by assets such as RE, equipment/inventory, or other tangible things.Hope this helps.

But on a large job where you;re just getting a remodel permit anyway, it's a no-brainer.

I have a couple of short term first trust deeds ready to mature and need to re-deploy this capital.