I'd find a seasoned agent and lender who can assist you through this.

It's very difficult to simply build affordable housing, but perhaps older housing stock can become more affordable as new housing is introduced.

Welcome to BP Deshay, These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

- personally at SMARTLAND as experienced heavy lift multifamily operators - it is a complex process and requires a team, time and skill - Yes, you can lift a property and value moderlty quickly if you have the right tools and process in place, no doubt, but you have to also have the correct financing tools in place and appropriate cost-basis to withstand turbulence along the way - (no straight path) - the short term mezz loans into this constricted/constrained lending environment is tough, even more tough with raising cap rates, market repricing = requires more time to season and continue to hold, unfortunatley as we have discuss to the max on this forum time was not on this operators side with the short term adjustable mezz loan -**Pref Equity has entered many deals in the past 18 months advance of LP positions, also took a GP slice along the way  ---- 

I purchased a new build and an older home 3 years ago. 

Popular year around 4-season activity area on the 2nd largest lake in Georgia.

Some of the more seasoned vets here know all about foundation repair, but for thought this could be helpful for anyone starting out.  60 seconds background:Houston is essentially built up on a swamp, couple that with back 2 back brutal summers with little rain, and nearly everyone I've talked with recently has some sort of foundation issues creeping up. 

The Programs includes or covers:- Up to $2.5B in second loan purchases- A maximum programs duration of 18 months- A maximum loan amount of $78,277- A minimum seasoning requirement on the first mortgage of 24 months- Only for Primary ResidencesThe effect of a guaranteed government backed second mortgage for homeowners would be significant and likely put eligible second mortgage terms in line with below market FHA and guaranteed first position mortgage rates. 

@Renzo Figueroa Please make noteThe peak season for tourism and Airbnb stays in Jacksonville, Florida is typically in the summer months, from June to August, when visitors flock to the city's beaches.

The house hack portion of this story will be leaving our house for 6-8 weeks in peak season to rent it on airbnb/vrbo.