Working on a construction deal that I would have to spearhead from A to Z; e.g. from (1) helping to devise the strategy; (2) acquiring land; (3) finding and working with a developer to build warehouses; (4) leasing them, and (5) selling the whole portfolio...

It has the trendy 19th-century architecture, proximity to the downtown and uptown major employment centers, the arts crowd has moved in, and a couple major apartment redevelopments are full of white-collar Millennial and Gen Z renters paying a premium for loft apartments.

You'll likely get quotes that are all over the map with some vendors telling you it NEEDS X, Y and Z, while others tell you it only needs X.I had a cracked foundation in a Detroit property and got quotes from $5k up to $30k with some saying that the entire wall needed to be replaced and others saying that it simply needed drainage and reinforcement.

The first 8 years of depreciation recapture are yours, the remainder are half (or whatever %) thiers and their capital contribution was x when the property value was y, but we sold for z and who owes/gets what?  

What happens if X, Y or Z does or doesn't happen?

Internal notes, such as budget X in quarter Y, hire additional staff to make Z happen, etc...

When this happens on my rentals I just have contactors cut out the bad section, then they install Z flashing and replace with new T111.

A few starter questions:How quickly can you close on x,y and z transactions?

Originally posted by @Z.

Once you get that first one under your belt, it gives you a ton of confidence to go out there and get more now that you know how the process works from A-to-Z.