In order to receive them, you must first prove your worthiness by developing a relationship with them and/or winning them over with your charm and personality.I have brokers and agents give me codes all the time, many of which I have never met in person, but while on the phone, I prove to be a real investor, someone who can be trusted, and someone who will perform.

But always keep this in mind: All of the most charming, desirable, and expensive urban neighborhoods "in the old part of town" were laid out and built by profit seeking developers before zoning was even invented.

IMHO If you can find a desirable neighborhood that does not need them to attract quality tenants that absolutely suppresses potential special assessments (hence additioanl HOA fees) that might crop up.

I am also invested in the McKinney area - the downtown area is charming and has a fair amount of original pre wwII housing stock in its historic district.

By the facts showing in this post ERP still has not committed fraud: From Blacks Law dictionary: All multifarious means which human ingenuity can devise, and which are resorted to by one individual to get an advantage over another by false suggestions or suppression of the truth.

He's Captain of the Morale Suppression Team, but his tax knowledge is extensive.

The rest of the costs will be electrical, fire suppression if needed, insulation, new/repaired HVAC etc....that could be quick and easy at $5 per square foot or as much as an additional $25 plus....Sorry I can't be more specific but your question is one of the many that fall into the "it depends" category.Mike

If I had the opportunity, I'd definitely invest there and enjoy the tax write off of a nice lunch in one of their charming downtown eateries once a month!  

Here's the property:$1.1 M purchase price9 units totalx4 0/1 studios (low rents for area)x1 1/1 (empty needs to be gutted and rehabbed)x4 small Retail spaces 500 SF each - (street frontage, charming area, mainly residential but on a street with some retail, theres a significant amounts of foot and auto traffic)$600k down with $500k loan (this is due to the property being mixed use and the empty spaces) for $1.1M total in.GSI is currently 60k but could potentially be 100-110kI think it could be appraised for $1.3-1.4 after it's been renovated, rents raised, and retail fully rented with long term tenants.The problem is 3/4 of the retail spaces are empty and one studio needs to be gutted and rehabbed.

I was just looking back at my old post and found this one.. and I have been using your strategy for the past 2 years and its been working like a charm each time.