Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment:   - Took 4 months longer than expected   - Cost $10K more to build than we anticipated   - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!! 

We have been customers for more than five years, we would appreciate having better communication when it comes to the property managers having Important issues to solve.Therefore, please contact me at any time at 703-420-0620 or 703-317-7078.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

You have to watch out for properties that hit 1% or higher, but have cap ex and tenant issues.

Ensure the sublease is explicitly permitted in a written agreement with your friend and aligns with local STR laws.

We both have experience in these types of issues and we are local to the Indy market.

The only issue I've had is a small period where the laundry pods would always be empty at turnover. 

A year ago I recently purchased my first multi family to house hack and I rant into a issue when the seller paid for a electrical upgrade to the home.

I am also a huge believer that with massive affordability issues in cities people will start to migrate to smaller towns that they can afford.

Utilities will be an issue.