I've head from others who went this route and had to pay before delivery which caused strain on capital because they couldn't complete draws in the same manner as stick built construction. 

.- Multiple other thriving business district areas (Carlyle / Eisenhower, Potomac Yards, National Landing), but especially Old Town Alexandria, are experiencing massive infrastructure and business development over the next decade, which will greatly boost tax revenue for the city over time.- Generally landlord-friendly state, no rent control- Secure government jobs/contracts make the real estate market much more resilient to recessions / major corrections- 15-minute drive to the Capitol of the United States- 4 Seasons- 15-minute drive to Arlington, Virginia (Amazon Headquarters 2 ((2017 announced, 2030 is bringing 25,000 new high-paying    jobs to the area)), Boeing Headquarters (2022), Microsoft Headquarters (2021), CoStar Headquarters (2024), Bloomberg    Headquarters (2017 expanded), Deloitte, and the list goes on)Thesis:Although more companies continue to go back to the office, there will be a shift toward a good amount of workers being able to be in hybrid roles.

First off, of you have capital for the DP or money set aside?

That's why I posted, to provide people with real advice based on my experiences so they can avoid making the same mistakes.Providing greater buffer space for capital expenditures and controls is a good risk management strategy.

In our market, it is probably a bit more desirable to go after smaller multi and of course it depends on the capital you have.   

The state has always had many hurricanes and while insurance here is higher than the national average, our housing price to amenities ratio is one of the highest around. 

It's not a fair partnership if you the tap the equity of their property to use together if you aren't brining any capital to the table.

He is securing expensive debt, not debt through a bank, isn't putting any capital into the deal and structuring the equity investment in a highly risky manner without any upside offered to the investor.

Capital gain is nothing like the cities though.

The list is a nationwide list the Miami-Fort-Lauderdale area made number 2 on the list Orlando was ranked 6 on the nation wide list, so judging by the post I think it would be safe to assume Florida is one of the best states for fix-n-flips.