And then there are the flea infestations and used syringes hidden among the trash.

Go to your bank and they can provide you with instructions.

This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.

I followed the instructions and did what was asked. 

A small tweak—like adding a cozier blanket or clearer check-in instructions—can elevate the guest experience.Create a Sense of Community: Responding to reviews lets you connect with guests, showcase your dedication to hospitality, and set the tone for future visitors.Tips to Boost Your 5-Star RatingsSpotlight Your Space with Amazing Photos: Ensure your listing photos highlight your property’s standout features.

- What are some hidden costs associated with purchasing unimproved land, such as property taxes, closing costs, or financing fees?

Way too much stress to do it yourself and there are a lot of hidden costs.

I used the C.A.R form RESIDENTIAL PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONS.  

The only time it gets dicey is when its the ultra rich because yes they can spend the $ to keep it hidden. 

Then go home and bake your own and hope you do it right.You can go buy a cook book (like a course) and follow the instructions, which is great, but you might still need some pointers . . .