We are looking to building some fourplexes in the near future in the area - when you say expand your portfolio - what are you looking for ?

I was thinking that by giving a single builder rights to build on the land, I would get 1% of each contract price, something along those lines.

I guess they have more land to build there so it might reduce the appreciation there?

You will need to look at CA building code.

Many Texas cities are incentivizing developers to build affordable housing units, but challenges remain around keeping these homes accessible long-term.

Quote from @Kyle Carter: I want to buy an apartment building and rent it out to all section 8 tenants.

I'm just beginning but am considering a bigger commitment in the next five years or so by accessing some or even all retirement funds to buy a building (I'm sure people have thoughts on whether or not that is a good idea!).

This reduces your housing payment and helps you build equity. 

It can help build some incredible relationships and really learn some great tips from the pros!

Hello Mike, It is nearly impossible to answer this question without taking a deep dive on the numbers of each but often times in expensive markets like Seattle the cost of construction is so high that it doesn't make sense to tear it down unless you can build something way bigger/nicer.