We had wonderful guarantees and a signed contract.

@Grayson Chao look up WAREI on Facebook as that is a big active group of local investors and a number of meetups get advertised there. 

However The barrier to entry in the REI teaching business is very low and a lot of bad players join the game.What you describe led me to come up with Ned's Rule of Gurus.The quality of an REI course is inversely proportional to the price

A lot of money was lost and a lot of lessons were learned.

There have been some big players entering the PM market and a lot more interest in acquisitions of smaller PM operations.

Its a process and a government process at that so be prepared for that.

I have a good amount in savings, and as a first-time homebuyer, I believe I can lock in a low interest rate.

Random things like this.I can only imagine if they did allow you to add all the bedrooms, they would make you also add fire sprinkler system and a commercial fire alarm system like residential assisted living. 

A place with parking and a private bath should 850 to 900. 

We are now at 100% occupancy in our apartments and our restaurant is committed to a 3 year NNN lease and a $150,000 renovation at their own expense.