Hey Jerell, I would start with something either turnkey or light value-add, so you can start forming your boots on the ground team with less pressure and risk.

Project Cost estimate from ground up.

Or are you at ground zero with no experience no cash and want to use real estate as a tool to build wealth?

Investing OOS without an agent or boots on the ground team sounds like a nightmare.

Many of the issues that eat away at cash flow come from not having reliable boots on the ground.

And when you know nothing what better way to learn than from the ground up?

This is another layer of cloaking within the 1065 tax return and allows your rental income and deductions to fly just a little closer to the ground as compared to Schedule E page 1 of your 1040 tax return.

This means that the electrical is likely made from copper and is grounded.Running new ground wires and fishing wires behind walls can be very expensive, so having electrical that is similar to today's code is a plusProperties in this era also had ductwork - meaning forced air heating and cooling.

I’d use the other half as a long term play in ground-up developments.

Are you interested or have experience in ground up development or are you just trying to wholesale this?