It is a bit of a gamble, but personally, I always get my own bids from people I will hire and either take a credit on price or have title issue the checks directly to those contractors to get work done as soon as I close.  

I expose myself to other stuff for the sake of a natural curiosity and to gamble a little.  

I feel like these large luxury buildings are a gamble in many ways.

Its a gamble, and the quality of these types of things vary, so we'll see.

Hello, I am reaching out to see if there are any other UK investors or people who are also looking to start.

Ideally, my buyers are fully employed and financially liquid foreigners - be it from the US, the UK, central and northern Europe - either a single person or a couple with 0-1 kids, looking to live there right now, rent it out as an investment and then sell it, or use it as a future base for retirement.

Way too much gambling/luck aspect to it and even when you win for the year the tax rate is awful compared to long term gains. 

If I wanted to do high stakes gambling I would go to Vegas and get free drinks not pay so gurus to blow smoke.

Let's assume the property has $313,000 in NOIValued at 6.26 M 5% cap loan $4,695,000P+I annual= $413,400> NOI5.216M 6% cap loan $3,912,000P+I annual= 344,460 > NOI4.47M 7% cap loan $3,352,500P+I annual= $294,708 <NOI cash flow + Are you a gambling man? 

4 doors if managed right can make you, $350,000 over 2-4 years. 2 doors  maybe  $200,000 in 2-3 years.Little gamble.