The rest of my properties are in the Midwest but I do have partners in cities (outside of Cincy) where I have my properties.Having said that, I understand Boston is quite expensive.Option #1: is to invest in areas, say 1 hour away from Boston and hopefully not as expensive as Boston. 1 hour is close enough that you can still monitor your investment but not too far that you waste so much time on travel.And yes, with the technology nowadays you can monitor your properties from a distance.

However, since they will be living under the same address, I’m not sure how much of a discount we will need to give to get the unit filled, if any.We are in an area that should continue to appreciate based on Atlanta growing and the surrounding areas investing a lot of money in infrastructure. 

Some will, some won’t.Last, unless you have this background, you’ll need a company to monitor the construction and release your money according to an agreed upon disbursement schedule.Good luck, Chris

It’s a great market and in the distant future it will be a market I would like to look for opportunities in for population growth, job growth, infrastructure, positioning for climate change (very long term) etc..

If you have a w/d spend a few more bucks for stainless-steel hoses and a water monitor/shut-off.

What you should be careful is the consistency of your bookkeeping whether you book in accrual basis or cash basis otherwise your accountant will be confused when he or she reviews your book at the end of year at filing your tax return.If you are familiar with accrual basis accounting, maybe it is a good idea to book it accordingly because accrual basis is better to monitor the performance which is profit and loss of your business monthly.

Of course if you own those properties under one LLC you can totally do that and you are protected but it is the best to monitor on each property's performance as an investor and most of the softwares are not built that way. 

Hello BP - Is it a requirement to have a fire alarm monitoring system on a multi-family property in Baltimore City?

It is growing quite a bit here and the infrastructure is racing to keep up with homes being built, etc. 

Is there no infrastructure investment?