Thanks for that Lets just say the seller makes the upgrades that's needed and rents for close to my projection's rents or lets just say as it stands how would you make this deal work.Thanks

Here are a few suggestions to help refine your approach:Connecting with a Builder:Since there's already an infill project nearby, connecting with that builder your primary objective.

I’ve been interested in real estate for years and have invested as an LP in several projects, ranging from residential single-family homes to NNN properties and flipping.While I haven’t owned any property yet, I’m hoping to take that step in the near future.

It’s pretty easy to figure out when I’m basically paying for a full time employee.

The reality is, you should be pulling the current SEV for any new acquisition and doing your property tax calculations based on that figure before buying.

Figured they wouldn't be accepted and they weren't, but had some good interactions with the agents.I don't think BRRRR is dead, it's just as difficult as ever.  

We’re leaning into apartment projects to hit that middle ground between affordability and density.Looking forward to swapping more ideas!

using a hard money lender is a great resource . what is the project looking like ? 

I enjoy woodworking and epoxy projects. 

The problem I always encounter is, you own the project for life.  6 years later they will call and say, "you remember that doorknob you installed?".