I saw this property as a prime value-add opportunity.

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.

Older properties can be picked up for < 50% of ARV and go up in value in rapid ways with urban renewal efforts … I’ve seen this happen time and time again and so it’s worth saying, diversification is ideal.

I'm curious if you feel like you're using 50% of the features in GHL, 75%, 80%+ or??? 

Feel free to reach out to chat all things student housing! 

You can do some inexpensive value ad items.

It depends what your budget is, how much you value a CPA on your team, etc.

Feel free to reach out with your scenario details.

I have a deal on a triplex in Spokane, and i feel it is a good deal, does anybody have time to answer some questions?

I've been a member of GAREIA for about a year and it's been fantastic - lot of people in that group that are experienced and excited to help the next gen investors.https://gareia.com/Feel free to PM me or reach out to contact info in bio - would be happy to help however I can!