I do agree the lack of control is a potential issue.  

Only caution is if they don’t have checkbook control and there’s a time crunch going through the custodian can cause delays and red tape to deal with.  

I don't observe too many people buying multi-family in the Bay Area with our rent control laws but there are deals here. 

You can expect that you will be required to build roads, sidewalks, storm water control, utility taps, street lights, street trees as well as recreation fees as part of the development process. 

Walk us through a solution that doesn't involve government command and control.

The investors that i work with find this to be a good way to get a more passive investment that still has the benefits of owning and controlling the property.Best of luck getting started and connect with any questions.

I didn’t control my money, it controlled me.

Exceptions include delays caused by factors outside the Subcontractor’s control (e.g., weather, material delays).5.

Target neighborhoods like Brewerytown, Kensington, and Point Breeze, where demand and ARV potential are currently strong.Your skills in renovations will give you a significant edge in controlling costs and boosting returns.

Starting local offers hands-on experience and control, ideal for learning the ropes, while out-of-state investments can provide better returns but require a reliable property manager.