Most recently there was a 4 plex on the mls at 2219 E Portland st.

@Marino E Diaz IIII sent you the access code for your book's bonuses.

Or is it viewed as a "brand-new" company since a new LLC is formed and the corporate credit is non existent? 

Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

I'm assuming you are paying for that kitchen because it looks brand new. 

@Cory J ThorntonIn Reno, NV some of the best deals on the market are actually brand new Class A properties. 

Just need to find a property that has large enough of a lot to fit the added unit.Design / permitting / AHJI think I will budget a year for design and permits / SDG&E coordination / city water etc.

Although a bank or insurance company would fit nicely into Berkshire’s existing platform, Canada does have restrictions on foreign ownership of those assets – so my bet would be either an energy or utility-oriented opportunity (plenty of them in Alberta) or perhaps a significant stake in Alimentation Couche-Tard, which owns the Circle K brand and has a significant global presence, potentially meshing nicely with Berkshire’s recent purchase of Pilot Flying J.This year, I had the pleasure of travelling to Omaha with some friends from New York University’s Real Estate Development program and got to catch up with old friends from all over the world.Alas, my favorite Buffett-ism from the meeting was "Understand that the market is there to serve you, not instruct you".

if your brand new using a trusted agent in my mind is the way to go.off market properties are full of wholesalers who have zero fiduciary to you.. most will puff ARV and rehab estimates are WAAAY off to make the deal look good.. they will not give you a property disclosure form that the seller needs to fill out etc etc. 

A grill wil never look brand new, I alway clean our grills when I am at the houses.