I have seen before... building ground up construction is not for the faint hearted and amateur investor.

I live in the military town you may be stationed in, and have been eyeing Dallas and Austin, and most quality SFH in the heart of the major metro areas are not that cheap.

I'm a buy and hold investor at heart, so I'd prefer to build income property, however.

I also dropped a check off to the title company.Now here’s the real knife to the heart- I get a call this morning from my lender telling me that my the property is zoned as a multi-family home (duplex) and not a single family home... meaning that I can no longer do a conventional loan with 5% down.

Like I said, Yes I'm an agent, but I'm a teacher at heart as cliche' as that may sound.

--Will RogersA wise person should have money in their head, but not in their heart.

May you be blessed with all your heart's desires.

I'd take the money you need for this deal and I'd take the rest of the money away from that advisor and put it with a fee only fiduciary financial advisor if your friend thinks he needs an advisor.It really upsets me how people have taken the job title "advisor" and make it seem like they have your best interests at heart when they really don't.

I tend to be much better at keeping up with international news and the chatter coming out of DC than I am at maintaining a good understanding of municipal happenings but will take your suggestion to heart and try to shift my knowledge base to the local.I see that you are from Portland!

Work with someone who has the heart of a teacher, not that of a salesman. 3.