Focus on neighborhoods with strong cash flow and smaller cities.

I have helped finance some of these style loans.

Since the goal is to revitalize these areas, property values—both for homes and rental properties—are expected to increase as the neighborhood improves.Community Impact:Of course, the main goal of any investment is to generate a profitable return.

Not only will you learn different neighborhoods, how to manage people, and costs of construction, but they can get paid extremely well if you get good and know how to work with the City.

Example: I define what zip codes (or neighborhoods) that I buy in.

I got a chance to drive a few of the neighborhoods to figure out where we want to buy.

It's a great area within walking distance (5 minutes) to shopping, grocery, coffee shops, and historic neighborhood, and about 5 minute drive to downtown.They are asking $695K for it.

This is why I have stopped giving advice for these kinds of posts.Newbie - I just attended a seminar and if I buy 10 $50,000 crapboxes in D neighborhoods in the Midwest, they will cashflow $1,000 each and I can retire by the end of the year.Me - A $50,000 crapbox in a D neighborhood isn’t going to cashflow $1,000 a month.Newbie - just because you can’t do it!!!

Closed-end private equity style offerings generally have very different liquidity profile than a private credit fund (or interval funds), where the investor lock-up period is generally longer, with most of the returns being generated at exit (or back-ended).

Due to the fact that this neighborhood is lacking comps and a severe lack of development, Being conservative on size and cost there is more planning to be done. 2130 sqft down with an additional 565 sqft up.