But I still believe we have a huge supply and demand issue and the government needs to do something to spur new construction.

This approach allowed me to secure the property quickly and provided the flexibility needed to cover the costs of resolving development issues and initiating plans for the duplex construction.

This approach allowed me to secure the property quickly and provided the flexibility needed to cover the costs of resolving development issues and initiating plans for the duplex construction.

Of that 50M, 25M was allocated for the construction of a new recreational faculty that has since been completed.

Thank you all for the kind words and constructive input!!!

Serious think about new construction of apartments.

While the property requires renovations, inspections and estimates have been completed, and construction is now underway.

You always hire professional cleaners if it's an old person's home and construction cleaners if it's a disaster area.

Calvin Lee,You won't really find a 7 cap Dollar General in a strong suburban to urban core location unless limited years remaining on primary lease term and mostly cash deals or very small financing.The brand new Dollar Generals with upgraded construction all around in strong suburban to urban core areas tend to sell for 5.75 to 6.4 caps with new leases in place.The 7 cap new Dollar Generals tend to be in crap areas weak suburban to rural and cheap construction and many times on septic systems instead of county or city sewer.Every once in awhile in a strong location there might be a 7 cap with 10 years left on a high end Dollar General at 3 million in price or up.These have no rental increases in primary lease term so year over year your income dollar becomes worth less and less.

Heather,First off congrats on the land investment and looks like your almost ready to start the pre-construction process.