Norfolk is where the majority of multifamily inventory is located, Virginia beach is zoned much more single family. 

But thanks for the tip.

A prudent investor doesn't seek quick riches through shortcuts.

Quote from @Kwanza Price: Thanks Chelsea for your reply.I mostly wanted to understand what the experience was like and if you have any advice for setting up an LLC/IRA?

But I was thinking only about the exterior, it did not even dawn on me that your furniture ignites from the radiant heat through the windows!

I am searching through all the BP threads trying to find the best fit for me in terms of asset protection/law/CPA firm that specialize in real estate investment and have narrowed it down to Anderson or KKOS/Mark Kohler.

basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it. 

Hi Batyr, welcome to the community!

I bet you learned A LOT.You can also leverage my team to help you out next time.

A prudent investor doesn't seek quick riches through shortcuts.