Overall, the whole property needs some serious TLC and about 10 new tenants.When talking to the owner, he suggested that he would evict the HUD tenant based on property damage, and raise all rent to $700 before he sold because he knows it's too low (to me this screams turnover and lost income... though I don't think it would take long to fill it back up due to demand, but lots of time, energy and $$ to get them up to standard).Overall, I do believe my vision would work... fixing it up, only allowing qualified tenants, and making it a nicer apartment in the community (I think we could get $750).  

I think this comes from their ability to make quick decisions with a singular vision and goal, not their profession. 

So, the LLC (land and first cash injection) could be responsible for the visioning session, the marketing package etc.  

People have to be honest about their team, their vision, and their numbers, and be able to divide and conquer a million little layers of the onion until the deal is self-evident.

As long as you have drive, vision, and passion, you can go anywhere. 

As the project leader, what you must do is described below: Push the concept in a direction that will have the best outcome - so have a vision in mind for the projectKnow the space you have - bulkheads, windows, drop ceilings, etc will all add complexity and originality to your design, but also add some risk you make an error.

I recommend you not rent to section 8 either, but this depends on your specific investment goals, talents, lifestyle preferences, and vision for your life and future.  

As a result, He paid at least 35% more and his more than 2 years self analysis didn't get any payment neither.Simpler will give you a clearer vision.

My vision for the future for myself and my family is one in which I continue to do journalism part time while at the same time investing in some way in real estate with the ultimate goal of having the real estate be a substantial portion of my income (again, journalism doesn't pay that well) so that I don't have to rely solely on the journalism to feed my family. 

Keep it clean and don’t let that carrot/hook cloud your vision when it comes to collecting all the rent up front.In addition, advanced rent is taxable