Also, without even looking at the plans a 7 unit building will likely have flawed floor plans and/ or an inefficient layout unless its an irregular site.

Our focus has been on documenting our strategy, creating work instructions for all of our processes, holding true to our buy box, and not overleveraging ourselves. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

All situations are specific to individuals.Our best wishes and empathy go out to those LA individuals and communities.It’s been about 6 years since one of our storage locations was flooded for about 4 months.  2 feet over the roof.  

We are building a place with HELOCs then after it is built we will finance it and pay off our HELOC, at least thats our plan. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

We walked through a property that we went into thinking we were not going to like it and we ended up loving it and jumping on it pretty quickly after because the seller was getting other cash offers and the price/location/set-up of the property just fit our situation well. 

We'll double check that wind is included in our policy, that's a good point.

@Cameron Porter should be available on our website end of next week:)

The lot is paid off and deeded to our LLC, but lender will not do conventional loan to LLC for the remaining financing so we'd need to take out a loan in our personal names.