If you can get in before a property hits the market, you can often negotiate a great win-win deal for everyone. 

If they’re underfunded, you could get hit with special assessments.Since you want to stay local and focus on cash flow, commercial makes sense, but have you considered industrial or flex space?

The IRS has challenged simultaneous "drop and swaps," so allowing some time between these steps is advisable.You hit this right on the head with your answer with TIC.You could also potentially do a Exchange Post Distribution (Swap and Drop).

Now I’ve started even hitting likes on some people‘s replies, even if I don’t fully 100% agree with what they have to say if they’ve taken the time to answer in a cordial manner.

Many investors learned a hard lesson when the STR market took a hit initially during COVID.Until the shared living space concept matures, it's probably premature to skip the above investment evolution.

Then it's simple, build the home, find crews to do the work (you should already have them basically from the prior step), excavation, concrete, sealing, framing, roof/gutters/siding, windows, insulation drywall, plumbing, HVAC, electrical, finishes, etc. basically in that order.

Legal height 8ft.Had to add public access to electric disconnects as well.made me add two window in the basement too.Really just need to get an architect who is self certified.

If you have a 20 year timeline, I'd probably recommend B areas closer to the city or in the better school districts in the suburbs for the highest combined ROI over that time period.Right now you can expect to find decently turnkey multis for about $60-$125k/unit usually all at least hitting the 1% rule in that range.

Even though it's about wrapping notes, in Sub2 you have average Joe Six Packs, the homeowner, who gets hit with foreclosure because of your miscalculation.

In Dayton it's great, generally you can hit 1.25-1.5% rules with it.