I'm buying a property directly from the owner.  We are negotiating the price with no brokers, which I love.   This older gentleman is financially "set" and does not need the money.  I'm buying the apartment cash but I...

This successful flip highlights our ability to maximize returns through efficient project management and targeted improvements.

It sounds like SFH is the target in this area and that Condos would not work due to HOA by-laws.

My target was a payoff in under 10 years without drastically changing expenses.

A comment about the financing part...it is much easier and cheaper to get a HELOC on an owner occupant property. 

If you intend d target a first time homebuyer and your current taxes are less than $6K then maybe you should sell. 

I’m curious to see if anyone has any experience in this sort of subject as if it would be easier to buy a home with a building already on it then ask the township for a permit or if we should continue to look to buy and build. 

My target area is Minneapolis, MN (Lake Nokomis/Lake Hiawatha area).

My philosophy will likely be to target lesser desired areas that are still an easy commute to the Clay area which 481 goes through. 

Figure out who your "customer" would be and set everything up to target them.