And the cost of heating the building can vary widely from year to year.

@Etan Frankel although the government has a hard deadline of April 20th, 2018 to establish designated opportunity zones nation-wide, the investments wont happen for a short period afterwards while the IRS works on designating qualifications for the certification of an Opportunity Zone Fund.As soon as the certifications have been designated and the flood gates for applications are opened, i am sure you will begin to see many Opportunity Fund's pop up that would be eager to participate in the investment.

I deal with the monstrosity known as the NYC building of department as well as smaller municipalities like in my hometown of Yonkers and there is a wide variation on the time involved and what they require.

As 'Real Estate' is widely expansive, I am specifically looking to take my first step and learn the fundamentals and basics.About Me:I'm originally from Courtice, Canada.

Sounds like quite a wide set of criteria. $2.4m for an 8 unit property?

Yes a large majority of Port Arthur is widely considered D-, but there are a few pockets that are workable.

The code may say 24 but a magistrate may say something different.I had a tenant who I thought moved out because the doors were left wide open.

FYI: I’m not sure if you’ve been paying attention to what is going on in the U.S. economy, but have you noticed the growing wealth disparities?... 

Redevelopment is complicated, engage a broker who has experience with such projects and who can cast the net far and wide.

I put the money in the Roth into index funds that track the wide market.