If it was me...I'd check with zoning to find out how many dwelling units I could build, and I'd find what the requirements are for those units (type of house, height and setback restrictions, etc.).Then I'd find out what local builders think the cost to construct would be - just get a cost estimate per square foot for 2 or 3 different levels of finish.

So, having a local agent who is knowledgeable is where you will get the best guidance. 1.

Hello, I’m a local investor and general contractor  to St.

Currently have 3 rentals and conventional lending has been my norm, but all the local lenders are predominantly 25% down. 

Try to look for well-located properties near employment centers.

Just keep the amount within any local rules and give proper notice.

In the Reno market, we have access to hyper-localized and up-to-date rental data and local knowledge of different areas, providing a more accurate picture.Remember, buying real estate is a liability until you sell it, at which point it becomes an asset.

I prefer small Strip malls or self storage.I need advice on how to find the deals, how to get lending on them and then how to set up the structure.I have flexibility to fly out next month is there are peers who can meet and help me out in their local markets.thanks,Paul 

Connecting with local experts can also provide valuable insights to refine your strategy.Good luck!

Follow the lease and local statute.