I could never buy land in brickell it's more than 300 million per acre. but in columbus I can buy an infill lot for 40-60k within 1mile of Downtown Columbus. we looked at hundreds of Floorplans and found that 2 bedrooms seemed to be better than 1 and we wanted a tight compact floorplan that could get high rents. rents are higher Downtown Columbus and property values are higher Downtown Columbus by more than 40%. after that we wanted 4 units but it was commercial so we stuck to 3 units because it's residential. in February of 2024 we submitted our first design of a stacked triplex that is 2 beds 1 bath. after design changes, we now have about 7 approved in our market. all of the underwriting of banks is based on long term rentals.

Quote from @Melissa Vass Scott: Hey everyone, would value your opinions as we are working towards building a real estate portfolio in the US. 

Hey everyone,I'm new to real estate and I’m looking for feedback on a project I’m working on.

I’m currently on the hunt for my next real estate deal and have narrowed my focus to Columbus, Ohio.

After getting the funds letter, which clearly states no appraisal was needed for this property, at the day of the closing, they came back and said no funds will be released until we get an appraisal.

MBD meaning after tax 401k contributions rolled over into a Roth IRA. 

@Matthew Paul let me guess, your goal is to never work after 5pm or weekends?

There are options to work with the title company after purchase (60 days) to buy it with conventional financing and then shift the property into an LLC with a quitclaim deed to get the same effect as purchasing with your LLC but you get the advantage of better rates with the conventional loan.

But keep it real bro. 

And if something pops up later such as unpaid material man, or a couple of subs who received no payment and did not provide lean releases- do you go after the contractors bond money after filing for a court order to do so?