There’s a few really good easy read books out there as to why Baltimore developed the way that it did starting over a 100 years ago which in many ways ways is still pervasive and has crippled the city even to today.

Knowing which part of the cycle you’re in helps tailor your approach: Expansion: Focus on long-term investments, high appreciation potential, and new developments.

You may find it useful to seek an unofficial preliminary meeting with the local powers-that-be to get a read on how much resistance there's likely to be with your development, as well as getting an early read on things they'll "suggest" to make necessary approvals more likely.

Bali, for example, is seeing strong demand in areas like Kedungu, Tabanan, which is rapidly developing and located just 15 minutes from Canggu—making it a hot spot for investment.That said, it’s also wise to diversify your strategy.

You will know and get to know the market better, plus you will start to develop local connections which can help.

I've developed some great relationships and also a business partner from these meetings.

In CA there's no big supplies coming on the market in most areas where there aren't mega developers.

You can inquire with local banks or community development financial institutions (CDFIs) about CIP and other similar programs.2.

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-teamThanks so much for the warm welcome Samuel and for sharing that resource!

This will simplify later management and development if that becomes a possibility.I would also then recommend a 3rd LLC that is a management entity for the property.