Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment:   - Took 4 months longer than expected   - Cost $10K more to build than we anticipated   - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!! 

How many weekends do you want to drive up north to find, purchase, setup and maintain an STR?

North Hollywood has a handful of 20-50 unit communities structured as co-ops.

If rent payments are missed or damages occur, this gives you legal recourse against any or all tenants.Best Practices:Professional property managers, like those managing rentals across North Texas, always screen every adult living in the home.

Hi John,I like playing with raw land, too, in Snohomish county, WA, just north of Seattle. 

South Jersey more landlord friendly than North Jersey, but you have more appreciation in North Jersey. 

If you decide to invest I would encourage you to check out North Carolina.

My job will be on the southside of Indianapolis, so for location wise that would be better, however obviously the north side seems to have more potential.

This article only gives 3 examples (Germany 4.5%, 1.3% in Britain, and 2.5% in Australia).

What about Concorde Estates North of you?