I’m back now and looking for some guidance on an idea that caught my attention.An old high school friend of mine has been buying older houses, either renovating or tearing them down and rebuilding, depending on their condition.

Battery Park City Exchange (New York City): The city of New York engaged in a land swap with the Battery Park City Authority, allowing for the creation of a new public school and affordable housing units in exchange for a parcel of land that was then developed into a high-value commercial property. 5.

Also illegal for the entire school year, if the tenant has kids in school. 

I briefly worked in commercial lending after I finished grad school and that really opened my eyes to the inner working of that industry.

The leases look like (3) 10+ years and (4) 2-4 year leasesHow would you approach and I know there's going to be different schools of thought and that's what I'm looking for.

All calculations suggest great investment for 4 bed 3 bath in good school zone, however once the tax estimator goes from $2200 to $9500 due to lose of tax credit from not being a primary residence it hard to see how to get property in SC.

Believe it or not there are still a few "old-school" counties but those are few and far between and the volume is low.

I am not going to move into a dormitory style house and raise my two year old in a location with poor schools and incredibly dense housing, unless I have no other option. 

The truth is that you have to SPEND 20K to go to their school and learn the ropes.

We currently have 10 single family properties in the best school districts and we self manage.