When you start asking the question, where are we going to get more housing for all of the 20,000 people moving to our valley every year, you look around and say: "I guess I will".Our first project has been over 3 years in process with a handful of friends and my Dad as the primary investor, we are ready to break ground on 17 units of townhomes and multifamily units for sale in West Boise.

The house is a 4-Plex in Webster, MA, with the largest apartment on ground level that is currently occupied by her parents.2. (1) Apartment is currently rented without a lease.3.

Purchase price: $850,000 Cash invested: $500,000 Sale price: $2,250,000 Purchased , knocked down, built new from ground up What made you interested in investing in this type of deal?

@Jack Pasmore, I would second what Greg shared above - no spreadsheet can (or should) replace the local boots on the ground market knowledge.

I don't hear too many investor doing ground up multi-family for house hacking in the area, so this is definitely interesting.

We now invest in the Detroit market place where we have established a great team on the ground and are finding properties with great numbers.

For a select few, this can be true, but wholesaling is much harder to get off the ground.

If anyone needs a boots on the ground inspector to do walkthroughs or gather info for a property you don't have time to check out or if you're out of state.

Even a Coors Field ballpark or even a Polo Grounds ballpark, that would help.

You need 6" clear from ground to bottom plate, and ground must slope away from house...5) Any place that water can enter the house (doors and windows, skylights, where roof meets eaves, etc...) should be checked thoroughly, if it's not raining on inspection day, you have to be really careful with this...any suspect areas, put a hose on them....