🏙️✨ This 12-acre, multi-phase project is set to introduce:✅ Luxury Living – A 383-unit apartment community & boutique hotel✅ Business & Retail Hub – Over 400,000 sq. ft. of office space & a variety of restaurants, shops, and fitness studios✅ Pedestrian-Friendly Spaces – Green areas, public art, and a vibrant "main street" atmosphere✅ Historic Charm Meets Modern Growth – Two historic brick mill buildings will be seamlessly integrated into the design🏡 Market Insights:📈 Avg.

Built with purpose in 2003, this store has served the community for over 20 years but is now closing its doors.Similarly, in July of 2024, Stop & Shop announced the closure of its Lincoln Street location, which has already ceased operations.

Some neat shops and bars there, and a brand new fishing and entertainment pier is scheduled to open this year.Congrats on your STR in Savannah! 

I've been thinking about ways to bring in some partners and investors in the deals and would be interested in talking shop!

@Jimmy O'Connor I was not bashing your insights and references to bars and coffee shops - I thought it was informative and interesting thing I had not thought of before.

I'm curious what amount of coverage to shop for? 

I haven't bought a deal or anything I'm still saving up, I'm at 25k I'll hopefully be ready to buy in the next three years, otherwise the city I'm buying in is Barrie which is generally a great appreciation market, I've got two brothers Chris owns two rental properties and Ryan just bought his first partnering up with my brother chrises second deal, so I might partner up for my first deal I don't know yet tho depends on what my brothers want to do.when shopping properties I do remember from the book you shouldn't buy properties based off cap rates but im wondering at the beginning do you first skim this information say the property is listed at a 6% cap rates which is common in the Barrie market would I then would go walk the property and see if things are viably ok, once I believe it's resdy for a professional inspection I'll get information about deferred maintenances mainly capex based off what I need to repier I'll be walking the property with the professional and I guess he'll give me a rough cost of How much everything that is needed and when I need to get the work done due dates, also I don't know how to calculate how much I should set aside in monthly terms after I get the required information from the inspector I'll be doing this for the first time, if the pure cash flow is incheck  I believe usually NOI is usually around 60% including appreciation and mortgage income andone going deferred maintenances around 35-40%, now I'm ready to make an offer?

Currently, I own Luxury Autowerks, an auto shop in Denver, and I personally self-manage the ski-in/ski-out short-term rental in Keystone, CO while also helping to diversify and expand my families real estate portfolio.My long-term goal is to own apartment buildings (100+ Doors), and I’m taking my first steps into acquiring our first small multifamily property.

Be sure to shop around for the best terms and understand the refinancing process post-rehab to ensure your numbers work.

The advice i'll give you is to shop.