Market Conditions Keep a close eye on the market, both locally and in terms of refinancing opportunities.

Hello Navnidhi, I have managed it myself with the help of some local people experienced in these types of projects. 

But why not start locally? 

To add more weight to your case, dig deeper into local records.

These markets tend to attract a lot of investor activity, which can drive prices up, leading local homeowners to take on more debt to afford homes in their area."

Bank of America does this - not sure about the minimums, but if you have a good relationship with your local branch, they can waive the monthly fees until your balance grows from rental income.

Directed marketing to pre-foreclosures, a website with seo, networking, driving for $$, go to some local meetings.

And absolutely don't pay retail. 

My objective is to buy about an acre of land, that is already leveled, access is being done, and utilities are going to be 5 feet from the property; and then build 3-4 shell retail spots on my plot, owner occupy one of them with a business and lease out the others.I am meeting with a developer this weekend, but have some wrong numbers regarding the average cost of building a shell space. 

I’ve been in the real estate game for over two decades, and I’ve had my fair share of experiences with PM companies... some stellar, others not so much.Here’s what I’d suggest:Start Local: In OC, there’s a lot of value in picking a PM company that knows the ins and outs of the area.