I’m eager to learn the process and take actionable steps.I’m particularly interested in acquiring land and identifying creative ways to add value, whether through flipping, owner financing, or long-term holds.My long-term vision includes owning rental properties, possibly starting with a multi-family home where I can live in one unit and rent out the others.I’m also exploring opportunities in modular housing and small community developments to fill a growing demand for affordable yet modern housing solutions.Outside of real estate, I have a background in auto detailing and entrepreneurship, which has taught me the importance of quality, attention to detail, and perseverance.

Also, the historical data tells me that 3 years of underperformance means that future performance must improve substantially in order to meet the IRR goal for the investment.

You want to know the total demand and the existing competition.  

Maintain detailed records of all renovation expenses to substantiate deductions and ensure compliance.This post does not create a CPA-Client relationship.

They will almost certainly demand a proof of funds letter too.

As a result, there is less demand for off campus housing in the immediate area and its become easier to lease housing closer to campus if you are a Temple student wanting to live near campus.Keep in mind there  is also a narrow windows to lease to college students and if you miss their leasing windows it becomes difficult until the summer to lease units.

Architect is just demanding more money and I guess we have no other alternative  Demanding more money and refusing to do it are two different things.

This is part of the "due diligence" period, and it is so important.My advice would be to figure out the demand in the area for larger spaces.  

Despite its high purchase price, the neighborhood's strong market demand and low renovation needs made it a promising investment for maximizing profit with minimal turnaround time.

As a landlord be symethetic to the tenants, and use your available resources to assist when they need it, but do not give into demands for situations outside of your control.