Residential Assisted Living (RAL) is taking off NOW.Self-Storage has and continues to grow, a side effect of more people renting multifamily rather than buying homes.Multifamily value-add continues to soar due to demand also by millenials and empty-nesters seeking less work on the house and more flexibility to spend money on travel and exeriences rather than stuff that chains them down. for us RE "investors" it's the ticket to syndication, scalability and leverage.New multifamily buildings with modern concepts with mixed-use living (offices/co-working spaces, fooderies, mixed age and walking distance living with innovative rentable electric scooters, bikes, car chargers, and light rails) all in one beautifully assembled arrangement is what attracts 12000!

So you can visit the basement, watch tv in the basement, knit afghans in the basement - but based upon the egress requirements you defined, it cannot legally be used as a sleeping area.So, if you do as you propose, and the housing police show up, you can try to sell them a story that you are not actually using the basement as a bedroom, and you really sleep on the couch upstairs, and you only visit the basement to assemble puzzles and play solitaire.

I have a handy spreadsheet that helps me quickly assemble the various numbers (ROIs, cash flows, etc...) involved in assessing a properties potential.

I will be trying to assemble my "team" and try to meet other investors in the area as well.

If they do I replace the entire assembly, which requires pulling the tank.

And, if the RE guy flips the property and moves on to the next on, that is better and may serve as a construction company, but the rehab guys usually don't work as often or produce the benefits of a factory assembly line.All said, RE is on the bottom of rungs of the ladder in a way as investors tend to go with RE cycles, seasonal work, inventory fluctuations, it's just never been a steady employer like a drug store or lumber yard or small factory.

I have a business plan and assembling a team is where I need help.

I really like that you're taking the time to assemble a proper team.

:A 'ritual' gift to all children in our lives (ours, nieces/nephews, etc) over the past few years has been the Money Savvy Piggy Bank http://www.msgen.com/assembled/money_savvy_pig.html.The objective is to teach them the difference between "spending money", short term saving, donations, and long-term investment in their future.Robert RuizI grew-up in a family business (fishing) where both hardwork and innovation were rewarded.

I've heard lots of comments on how well Texas is doing but have to wonder if doing some long distance spec investing in those areas is a recipe for disaster.Are those of you who are doing it just simply learning the area, assembling a team, and letting the money roll?