Curious to hear how things turned out and whether any unexpected challenges came up in the process.

The process is rather straightforward.

I know it's a marathon, not a sprint, and I am in this for the long run, but I'm also eager to jumpstart the process!

It gives you better control over the process and helps you really understand the market.

i am less worried about first year than on going so $100k revenue ($70k for first year). 

In 2021 we bought the building for $1.5M using private lenders, pushed the occupancy from 50% to 80% occupancy and it appraised for $3.125M, allowing us to pay back the private mortgage.Right now, we are in the predevelopment process of design and piecing together the capital stack for the redevelopment deal, which will be made up of historic tax credit equity, RestoreNY Grant, DRI Grant, etc.

The process is relatively the same. 

Scaling up is a big leap, but breaking it down into small, actionable steps—like building a deal pipeline or starting conversations with potential investors—can help keep the process manageable.I’m based in the PNW (Seattle), so if there’s anything I can do to help or if you’d like to collaborate on deals in Washington, feel free to reach out.

Many lessons have been learned firstly is you can’t be too nice or trusting and second is, don’t wait to figure out the refinance and cash out process and until you are almost done with rehabbing the property because currently going through a very lengthy, cash out refinance ordeal at the moment as I’m trying to get financing terms finalized as we speak.

Does it make sense to cheap out over the few thousand dollars it will cost to go through a proper escrow and title process?