Navigating Zoning Laws: Challenges and Opportunities for Co-Living Real Estate InvestHey BiggerPockets Community,As co-living gains traction as a viable real estate investment strategy, it's crucial to understand how existing zoning laws can impact these ventures.

Knoxville isn't a luxury market. widen the gap and do new construction. find infill plots of land in better locations and have more control. work closely with a builder who Is working with investors. we have flippers who did hundreds of flips then they graduate to new builds and say it's much easier. if you have the balance sheet you'll be fine. budget 20%. new construction commands a 20% premium and is much easier to duplicate Over and over and much less risk. 

Its a slow learning process if you havent been in the lending, investing or real estate world before.

It's exciting to see your focus on building a real estate portfolio for financial freedom!

Question is, without the land deal, would you have "bitten the bullet"?

I am also in the engineering field (Civil and Land Survey).

Ok so a diff path then my previous post.I also wanted to invest in real estate but just assume( and bet is probably true) that most of the people that find truly good investments have  either or all of the following the most "average joes" don't:1.

A lot of land is sold on owner terms..

Piece of advice - when I started I wish I would have focused on my multifamily niche/expertise from day one vs trying to be the agent for everyone (flippers, STR buyers, land, etc). 

I spent the last almost 3 years doing my due diligence learning the lay of the land.