It looks likely I'll need a civil engineer which I am looking at now.

Midwest spots like Ohio or Indiana could work—think Dayton or Indianapolis—where $80k-$120k can snag a 3BD pulling $1,200/month rent with $500-$800 in cash flow after expenses.

They also didn’t like the idea that Phase 2 investors would dilute their position when they come in later.What are some fair and effective ways to address this concern?

How often, and what does that process look like?

Only one remains and is likely to be overturned.This means it is better to file and not take a chance of missing a surprise deadline.

Wow that sounds like a huge project!!!

Hey Michael, I would be very careful with over leveraging on a deal like this.

For a project like this, where you’re installing a water heater, HVAC, replacing a front door, and installing appliances, here are some key insights: 1.

I'll work with an attorney to assist with drafting that.Q2: Yes, I'll talk to my CPA but we'll most likely hold the property for at least 1 year under the LLC given our timeline to design, permit, build and sell the property, meaning I should avoid short-term capital gains.  

Given the location and how the town has been developing it seems like a good investment opportunity for rentals.