New build maybe a bit aggressive getting into real estate unless you have a builder as a partner in a deal to see the full steps or stages that go into new builds.Why new build?

It's in the very beginning stages (still talking to the arquitect/engineer firm.

@Mike Levene First note, I agree with others saying cash flow is a bonus, though it depends on what stage of investing you're in.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

The 70% rule is reserved for talking points by the guy on stage talking to an audience who they’re trying to sell a coaching program to   It’s a get excited number not a do a deal number   The equation is: maximum of 65% of AS IS value.  

Putting aside AshCracks utter disdain for the LP investors, anyone willing to invest with them, FUND 3, given their current/recent track record needs to visit with a psychiatrist and also an elementary school math teacher to start with. 

I'd be ok putting money in escrow that can be released at stages if and when part of the job is complete.

There are a multitude of roles, stages, and responsibilities for each and every unique project.

Hi Randee: Due diligence is important at every stage of the transaction.

When you are in the acquisition stage, using leverage helps you build a portfolio.