Best of luck with your project!

I was overwhelmed with projects at the time but paid $35,000 and sold two years later without any improvements for $125,000. 

I know of some folks in KC and Memphis doing new builds like this, but they are doing it within a much larger and long-term project that includes upwards of 300-500 units built over the course of 5-10 years.Assuming you're looking in Columbia, do you have a "B+/C" neighborhood in mind?

I focus solely on Detroit proper because, in my experience, the rent-to-price ratios, opportunities for value-add projects, and overall market potential are much stronger there.That said, Detroit is a nuanced market.

As those prices fluctuate, there is a builders somewhere putting his feet up waiting to see a market turn more active because the last thing he wants to do is start paying crews to build houses, that could drop in value while he's halfway through the build process and losing equity halfway into the project.

In some cases, it might even mean you can buy your next house all cash.Financing Home ImprovementsThinking about upgrading your kitchen, adding a home office, or tackling other projects?

My wife and I have designed over 100 projects in 11 states, so her design knowledge has also rubbed off on me a bit! 

Every project needs a quote and you should be able to estimate the material costs.

So here we are, halfway through escrow period, and I'm very excited to watch this project come to fruition.Anyone on this platform invest in SL?

Also, the ability to find good deals with an accurate budget to complete the project up front from some good project managers/general contractors.