Hi Bobby, I'm the ops manager for the Property Management Division at Milestone Premier Properties and a licensed realtor and investor.I actually live in Denton too butour brokerage is based in downtown Denison where I commute 2x a week.

i think its the easiest asset class to understand that isn't stocks and a lot of peoples livings depend on marketing how perfect it is

I am gonna live in this multifamily, thus I think I am qualified as owner occupying.

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.

If you live in Texas this is a great resource to see how much MF inventory is growing in your market https://trerc.tamu.edu/data/building-permits/

Hello - I'm new to Bigger Pockets, excited to get my real estate investment journey going.I own a Condo in Chicago with a friend of mine (split 50/50), which I've lived in for about 5 years.

Usually, this is a sign of stability and a preview of the types of people who live in the area. 

Always do your due diligence folks, search for their name on here, check for criminal and civil court cases in the county they live/do business in, etc. 

As a Mexican real estate agent living in Canada and with a presence in the United States, one of the most common questions I hear in the investor community is: "Can foreigners buy real estate in Mexico?"

You will enjoy the serenity of rural living, complete with a large cleared backyard perfect for homesteading, gardening, or recreation.