And tons of people are getting into this business and drive the price down (simple supply vs demand curve).

This covers the vacancy time and work supplied to find a new tenant.

Completely renovated main level:* Demoed and redid kitchen with new appliances* Refinished floors and reglazed bathroom* Replaced the roofComplete demoed and finished the basement and landscaping* Replaced half bath with full and added 2 bedrooms* Replaced entire plumbing including sewer line* Added second washer dryer* installed stamped concrete patio and walkway plus fence* All new landscapingWhat was the outcome?

I am willing to give up control to benefit from the experience and efforts of a good operator that I trust when I have the capital to deploy.The main reason for this has to do with time.

If existing houses are cheap relative to land and constructions costs, and supply is high, it may not be worth developing even if the agency says "do whatever you want".

Look for properties on main corridors or sites with existing structures (e.g., small houses or retail buildings) that can be torn down and redeveloped.Challenges in South Florida: Be mindful of market conditions and local regulations.

Im hopeful we can get some housing supply policies, everything on the campaign trail was net boosting housing demand, which we have enough of.

Magnolia has changed the face of Waco and is now the main attracting force for people to move here and businesses to come here.

The sewer main is one of the most important, and most valuable parts of the property...so, why wouldn't we inspect that too?

I'm hoping they get a good director in place who wants to serve their customers (tenants who need safe houszing) and their vendors supplying that need (landlords) and operate an efficient and successful program serving our community.