Good afternoon everybody, currently in contract for an 8-unit property in the Mount healthy area.

As a business owner, it would be prudent to expect that there will be a healthy dose of competition and with this expectation, forge ahead and find still find a path to success amongst the competition.Joshua Tree National Park was receiving around 3 million annual visitors before the pandemic not because of it.

Does the city have impact fees, is there a lot of clearing and excavation work, soil conditions, engineering, are utilities convenient, plans, surveys, etc, etc.  

I still thing a leveling off means healthy yearly price increases, just not crazy appreciation and bidding wars.

I wouldn't raise it $700-900 in a single shot, but I would give it a healthy jump to start.

Since we don't have much money saved but a healthy income, we plan to get a 2nd mortgage to fund the ADU conversion based on property future value.

I did not move forward with the deal and received a healthy lesson in rent control and cash for keys in East Orange NJ in the process!

Mercury tanning facility, etc...Pay attention to this upfront>>>Quality, quantity and availability of well water, soil perk sample from around the site, availability of LP year round, availability of cellular, and internet.Pay attention to this upfront>>>How far (cost and time) will it be to run electric to the site, and how much electric can the power company provide without having to make major super costly improvements (that they will charge you for in cash upfront before doing the work).

If the building has a lot of new features and healthy reserves, then that is a great sign and means that you're unlikely to have any special assessments pop up.3.

Mind you, if they are looking to invest, they would need to see how many homes they would be able to place on the lots and get the soil evaluated for septic systems after zoning consultation.