I am Arman Ahmed, a licensed real estate agent, and I am thrilled to join this vibrant community of investors and professionals.

This is far from the market I practice in but it would seem building and sitting on a few of these for 5-10 years could be quite a nice bump.I like the option to buy a 20plex, clear $10k/month and replace income.

I'm worried if she can't find someone she'll bail out right be for her lease is up and I'll be stuck scrambling for tenants as opposed to looking for them in now.Has anyone experienced this and have any suggestions?

Quote from @Felicia Nitu: Quote from @Jay Hinrichs: hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.Hi Jay, the affordable housing requirement can definitely be a dealbreaker for some projects.

This would be an easy decision however I do not think you can come close even with you being active in the process.  

What made you interested in investing in this type of deal?

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So I am here on Bigger Pockets now and looking forward to learning a ton about this game.  

This is known as "margin".

Wow, this was a great article