That means your investment has the potential to grow along with the market, like a magical money tree sprouting gold coins.The path to real estate riches isn't always paved with roses.

Your proactive approach and continuous learning will pave the way for a successful real estate investment journey.

.$34,200● Remove existing siding and install new $31,000● All new window order $16,200● Install new roof $9,000● New hardwood floors installed throughout $22,500 ($7/sq.ft)● All new kitchen and baths cabinets and vanity $39,000 (including quartz counters and SS appliances)● New floor tile for the 5 bathrooms and kitchen backsplash $13,200● New electric $32,000, plumbing $36,000, HVAC $22,800● New insulation $14,450, drywall/plaster $18,280 and fresh paint $13,900● All new finish carpentry, doors, trim etc $17,900● New paved driveway $6,100● Tre removal and landscape $8000● Home Depot / Koopman Lumber/ Amazon + Wayfair etc $30,000● Staging + Interior Design $7,000● Permit Fee, Architect Fee, Surveyor $10,000● Portable toilet, dumpster etc $5,000Total rehab estimate $414,530Permitting process:In order for us to get a building permit to do the amount of work we described above we needed to do the following:- Get a surveyor to complete a plot plan showing the property line boundaries and setbacks- Get our architect to come on-site and prepare as-built plans and new plans showing the new floor plan layouts, elevations etc- Needed to hire a structural engineer to provide framing plans since we are moving load-bearing walls to create the open floor plan.- Once we got the above plans then we filed for a permit with the Boston building department as a general contractor.These are the documents we submitted:● GC License and Workers comp affidavit● Contract between owner and builder● Architect plan● Structural plans● Surveyor Plot Plan● Covid Safety Plan● NFPA 241 Report● Mattock Higgins required● Permit Fee PaymemntBe prepared to wait 30-60 days for a permit to be issued in the City of Boston.

These expenses include, a new roof ($4,500), a paved driveway/parking ($3,000) a privacy fence to enclose the full property ($1,100), and I have been recently toying with the idea of digging out the unfinished basement and converting it into a 4th bedroom, storage, and a den which will cost around ($10,000).

So, embark on your real estate journey, armed with these guiding principles, and pave the way to a prosperous future.

This means you definitely have the campground zoning, but also have the septic, electrical and possibly even paved roads in place.  

With the right approach and due diligence, you can embark on a journey that not only provides a home but also paves the way to financial freedom.

You may want to pave and divide no smaller than 5 acres.

The lower units each have their own moderately-sized enclosed yards with a small, paved patio area and some grassy area as well. 

However, not alleys are created equal - at this property the alley is wide, nicely paved, with street lights and easy access to the main streets.