Quote from @Dan N.: Good tips.Location, location, location.

Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes

Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes 23007 55th Ave W, Mountlake Terrace – 7 townhouses in a walking distance from thelight rail station, in planning stages with the city of Mountlake Terrace, WA

Or, ya know, pay someone to do all that and hope n pray there is any profit left on it for you. 

SW FL or N EASTI have questions for those of you who have LTRs in Florida.1.

Purchase price: $100,000 Sale price: $140,000 Fix n flip What made you interested in investing in this type of deal?

That's how I'm able to comply with the CSLB's requirements.just like another poster said, tripping over nickels to pick up pennies.to wit: its not legal to do a time n materials contract on residential properties.

@Matthew WrightI would speak to the BTR guy @James N Sheils. 

I am finishing up my first fix-n-flip deal and am looking to connect with others and see what value we can bring to each other while learning about other markets in the US.

N.