@Brian Shurtleff, of course, is way off base - not even close.

You will not have the rate long enough for it to interfere with your current and proposed profits.This is where having a good team comes into play for example having a seasoned realtor who knows the market on the purchase/ARV side.

Investors come to our market because of the low barrier to entry and that we have a solid tenant base that provides solid cash flow to out-of-state investors like yourself.

@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut

Contractors play such a huge role in real estate projects.

Retirement accounts are designed to be invested passively so when the IRS sees you running an active business in it, to level the playing field between retirement accounts and other business the retirement account incurs UBIT. 

For instance, there is a Lunch and Learn meeting the first Thursday of the month with the next one occurring Feb 6.

Based on the charts below, do you think Fund 2 investors should be expecting a capital call as well? 

It's adjustable based on size, erring on the side of generosity.

Not sure if the upstairs tenant (heavyset person with a dog) plays a role.Seeking suggestions.