@ Bradley Sindt if your property has not had a flood loss before you might be able to get a private flood option that will come as a much more favorable rate (especially if the property has not had a flood loss before) if the property has a Elevation certificate you might be able to get a favorable rate from the government even if the property has had a loss.

After asking a few questions, give them your elevator speech about your company, this will help build some credibility. 

However, even with the elevated office deliveries, vacancy in this submarket was still less than 5% to close out 2017.

My biggest piece of advice would be to practice your elevator speech about what the meetup is and what the purpose is and stick to a purpose.

Our new phrase at our company is "Elevate and delegate".And if I could go back EVEN further when I was first starting out as an investor, I would have outsourced more (instead of trying to do everything myself), used other people's money rather than my own sooner, and networked MUCH more and right from the start.

@Henri Meli, the office that took the longest to rent out is on the second floor without an elevator.

I think you have to constantly put yourself out there and give everyone you meet your "elevator pitch".

I agree with all others and getting involved with local meetup and REIA's, but I would advise you go in with an elevator pitch on what you do and what you are looking to do.

What I do know is;- 100+ units- Concrete foundation and floor plates of ~ 15K sq ft- No underground parking- Early 60's construction- If some piece of piping or wiring has not been stripped, it will likely have to be taken out anyway- I assume that it is also concrete between units but was stick construction inside the units- I assume that everything has to be done; Roof, Elevators, Drains, Vents, Heating, Main Power, Sewage line, etc, etcI understand that there is a lot of details to figure out but anyone experienced with multi-family redevelopment care to share how to do back of the envelope costing on something this big.Thanks,Oren

Can we then use an elevated cap rate to price in some of the risk of the project?