Quote from @Chris Lin: BackgroundI started my journey with REI Nation (formerly Memphis Invest) in 2019.

Eventually, the community begins a downward spiral, and becomes an opportunity in the eyes of a redeveloper intent on maximizing the value of that parcel.

He told me that without installing a sump pump system (at a cost of $12k), the foundation will continue to deteriorate, which could eventually lead to bowing basement walls—an issue that could cost upwards of $50k to fix.The inspector asked if the previous homeowner disclosed any water damage.

If you plan on eventually selling, central air would add a significant value increase, so you may consider if that's the case. 

Could you share a bit about how you identified the builder you eventually decided to work with? 

LP's are starting to get really ticked off about it and if I was one I would as well.

Do I continue to hold it and hope the appreciation eventually makes for a more palatable return?

This would eventually cause the 2008 Financial Crisis.

Many of the residents there eventually move to our property.

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