Our biggest challenge and hurdle so far has been flood insurance since we're at 4.2ft elevation with a ground level unit.

Anyone else experience this hard hurdle?

Of course this opportunity comes with some obstacles i'll have to hurdle, one being that I need to find an experienced investor with a LLC to partner with on a deal in order to show the lender that I have experience so I could start receiving money for me to invest on my own.

I keep hearing from veterans out there that real estate is forgiving over time so I know you will do good once you past this hurdle.

We always look for value add potential, and in such a small market there is probably limited demand for office space & little room to push rents.If the seller is firm at an unreasonable price, then see if you can find better terms.

Ive worked with some very unreasonable people who held back payments for my subs for some ridiculous reasons.

(also called a Pref or Hurdle Rate) 2.

@Alex Bacon I have 5 small Multifamily (2-4 units) properties already and this is my hurdle to going slightly bigger.

The money and the deals are the two biggest hurdles and you seem to have that already squared away.

Leverage Hard/Private MoneyI know you mentioned some debt hurdles you might encounter when using conventional lenders.