Challenges?

Challenges?

These are the types of properties I'm now targeting.I'd imagine the biggest challenge you'll run into is finding multi unit properties.

., can help effectively navigate challenges.

If you don’t have a backup plan, you’re in for a rough time.I don’t say any of this to scare people off—I’ve navigated all these challenges and built a great portfolio.

While some neighborhoods may seem attractive based on price alone, it’s crucial to avoid problematic areas that could pose long-term challenges.

State Farm recently announced they would cancel 70,000 policies because of these challenges. 

Challenges?

You'd also need to establish a budget, and secure a master insurance policy. i THINK you need to do these things before reaching out to your municipality to have it converted officially with the county or city but they would be the first ask for steps in order.i will add, this would make financing on these units a bit challenging, as in the mortgage world, at least initially, they would be considered "non-warrantable" condos.

If you are raising money in a syndication raising less than $1M can be challenging due to the setup and ongoing costs to manage and run it.