Quote from @Matthew Posteraro: I am in the phase of practicing deal analysis on possible investment properties in the area I am looking to invest in.

I have a close associate with a large project there and the local banks have turned off the spick-et on funding his developments and these are very large multi thousand acre deals.

Instead, I'd just rely on a CMA (comparative market analysis) of renovated properties in the area from your realtor unless you have local MLS access yourself to run the report. 

No, not all the hokeum of this jazzy thing n that jazzy thing, just run the dang numbers, do an analysis, and does it make sense yes or no. 

And I like the project management function also.  

+I've researched something called an FHA Construction loan in terms of financing this project, but it seems that most large banks don't offer that product.

Quote from @Mohan Sadashivaiah: I would like to know if Data analysis in needed in Real Estate industry.

Wanted to also echo that the arcade guys is a garbage project.

.✅ Secondly, good cause has a max cap on yearly rental increases at a certain margin above CPI or 10%, whichever is less.For those of you who own stabilized, high quality housing like we do, this shouldn’t be a problem.But instead of keeping rents flat because you are a nice person or increasing just a little bit, you could get yourself in trouble when it comes to funding future major repairs and capital expenditures.As long as you are increasing to what the market will bear, you will be in good shape.Also if you are looking at purchasing blighted, dilapidated housing with the intent of raising rents and financing improvements to the property, you will have to take this into consideration and buy accordingly and on in place rents not projected rents.On the implementation side, however that pans out, you might be able to get these necessary rent increases to finance repairs but you may need to go to housing court in order to get the green light but we are just not sure at this point and remains to be seen.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.

It includes detailed neighborhood breakdowns, market projections, and actionable steps to help you get started.If you’re interested in learning more, you can download it for free here:freedomventurespm.com/bhamultimateguide