The current rents are really low because the tenants are responsible for doing any and all repairs on their buildings (which in my opinion contributes to the poor condition of the buildings). 

Quote from @Eric James: I'll continue the strategy I've been using for the last 2-3 years, building small apartment buildings.

We are about to start building our first short term rental property.

I am excited to start building my portfolio and learning all I can.

Build to rent sells new builds after delivery.

You have NO leverage, no matter what he builds or does not build, except for the developer saving some money in legal fees and cutting down on mesne profits damages.

And start the tedious process of building those relationships.Or you could skip all that and find a mentor that also has the community of likeminded people.It will take you less time but is likely going to require an up front investment.Btw have you done a deal yet or would this be your first?

I was recently exploring a two-story commercial building for sale on a corner in a growing downtown area.

I would like to purchase a 4 unit building in NKY in 2025.

I would love to build there.