Spoiler alert, no one wants to purchase and build with a 9.5% construction loan.Our thought on this is to get a builders risk policy for Land B and start the reno.

They're spoilers, because they bid up the values of properties ( or stocks) way beyond the underlying economic realities.

Less about the "is the 4unit a deal (spoiler: it's almost a deal)" and more about the pro's/cons of investing that close to a LARGE dev project and would it be beneficial in the long run.What I see so far :- Pros - consistent tenant flow (waitlist for big complex) and market rental rates to build against and measure- Pros - Affordable housing in Bay Area is still $2250+ for a 2b/1b apartment. - Cons - tenant experience during development and traffic congestion after- Cons - unknown property appreciation as the new building changes dynamic of communityThoughts?

Spoiler Alert: most leave out the "turnover costs" when tenants move.

Spoiler alert ...it's all about joining the right mentorship group. 

(Spoiler alert: you'll never actually be done with them.

Spoiler alert: You probably can’t afford a property manager with a good Yelp review.

Spoiler alert, you'll be hard pressed to find better people on your team than myself, @Jamie Rose, And @Chris S.

Spoiler alert: there are no “secrets” in real estate investing.The location selection process begins with an initial list of potential cities.

(spoiler - they are ugly)