We will build our experience and team, starting with a good foundation and grown from there! 

These include accidents (I recently had 2 units destroyed by fire), natural disasters (I have had two units each hit by 2 hurricanes), property management turn over (they sell or stop being as good, I have experienced both), or turn over of team (I am turning over at handyman and I suspect plumber), or just wear n tear of property (slab leak in poor location, sewer pipes rotted out (one unit this month), roof, foundation issue, etc.).  

Yes when I heard $8K I thought that was crazy too but it's a lot of work because they would need to bust up the foundation dig up the yard to the curb stop and rip out all the pipes. 

Good Day all,I have a property in Macon GA , a 1/4 acre of land with a house and a shed (brick foundation, wooden frame). 

I’d appreciate any advice.Your background in architectural design is a great foundation for commercial real estate!

Some things come up that might be hidden which could be piping that needs to be changed out under a raised foundation or something like that for example. 

That particular area is known for clay deposits in the ground that can really mess up foundations.

Grow steady and have a strong foundation.

Piering a foundation can be very costly, if you have unstable soil.

So, even as the Fed lowers the Federal Funds rate, and as we see the spread between the 10-year treasury yield and the 30 year mortgage rate shrink, upward pressure on the 10-year from longer-term foundational pressures will see mortgage rates tick up or or at least hold steady.While this is neutral/slightly negative news for home buyers, it is very bad news indeed for our friends in the commercial real estate world, who are really seeing the best case scenario for the 10-year right now.