Since we are expecting the rehab to be pretty be expansive we figured it would be good for a BP deal diary which we haven't done in a while.

Professionally, I'd figure out what you need & build and then "save" (aka "not use up") additional land for the NEXT expansion versus utilizing it for extra-wide driveways & aisles.Also, is anyone helping you design this? 

There are multi-billion dollar expansions of several refineries along the MS river and that is creating huge demand for housing. 

This property is in the BEST spot for our city (also going up in value due to expansion from the downtown of our city), 3/2 are going for $650 and some newer homes are 1.5 million. 

Once you keep analyzing deals and find the right one you will have an expansive network of people to help you pull the trigger and get your multifamily property.You have endless opportunities and at BP we are happy to help!

With the quick and massive expansion in Milwaukee of higher end apartments (can't build new to rent for middle prices due to construction costs) how will that affect the small investors rent? 

What I mean by this is that the road expansion will made it so that my garage will be only a few feet from a retaining wall. 

The owner, listed as an LLC, has begun doing a major gut renovation (expansion and construction). 

The amount of exit cap rate expansion and rent compression that many of these value add properties can absorb is pretty high...that was my thought above. 

Additionally, they have restarted the public water/sewer expansion project and will have most of the city on pubic utility within the next 10 years.