When an investor decides to buy a 100 year old property in a low income neighborhood it's pretty clear that they are only going to renovate it to the standards of the comps.

As long as the ADU is under 900 sq. ft. and meets the state building code, there will be no variance or special permit needed, so no ZBA or neighborhood meetings.

Ideally, I’d like to become so much of value that I’d be paid for my help/ services.

I want a resort style feel, clean neighborhood, golf carts, and pool a plus .

Without the upside of a good neighborhood and/or quality property, I don't love it. 

Hi all!I am a newbie in BP, just started listening all the podcasts, fascinated by the community!Just want to drop the message here, anyone located in Dubai or distanced managing properties there? I would love to know...

I’ve been presented with this deal. What are some red flags I may be missing in evaluating this?
TERMS
- Deal Type: Seller Finance
- List Price: $580,000
- Purchase Price: $780,000
- Seller Carryback: $693,000
...

There are attorneys who will help navigate the process for you and act as an orchestra conductor to keep things moving along.

However, I am passionate about creating a micro home neighborhood in my area.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.