One thing my wife and Iearned doing this was the noise from projects can be an issue. 

Ongoing construction projects valued between $26 billion and $30 billion fuel employment opportunities.

The area has appreciated very well over the past couple of years and we bought cheaper than we probably should have been able to, again through timing and where the builder was at on things- some of their other projects that were like ours in the same neighborhood were purchased a month later for $25,000 more than what we paid.

In Oregon we do have to build retention ponds for water run off to save the salmon and Steelhead.. which is OK by me since I enjoy fishing for both.. but again add 50 to 200k per project and then build starter housing.. ???

Plan my next day 6 most important tasks - I've been on top of this, but still a challenge to get them all crossed offPlus, most importantly, we have 4 projects here in Chicago we are working to bedone before the end of the year so we can start some new projects off on the right foot!

Have you had larger Cap Ex projects that you didn't anticipate?

No CAPX projects.

I know its not what you intended when you made the investment, but holding on if the neighborhood is as bad as you described and doesn't project to have any appreciation events forthcoming is no better.

The projected cash flow for the next 20 years is $2 million, while the appreciation is projected to be $6 million.

Their only involvement will be funding the project.