Hey Tre,i'm not sure where you work or if you have a preference for location but i have a brokerage buddy who just locked up a househack in Athol.

Quote from @Michael K Gallagher: Quote from @A Rao: I invest in land and have done entitlement/zoning and other DD work successfully for years.A broker called me this morning on a property I have on a busy interesection and has a QSR client who likes the location, but does not want to do a ground lease, only a build to suit. 

My personal property is located in pennsylvania and my friends who are foresters have told me I have oak and hickory that are 250 years old which is unheard of in PA. if I were you.

Construction crews leave their tools and materials on job sites with doors unlocked and theft is extremely rare.Location, location, location.

If you want some very broad strokes that are asset class specific, but not location specific.Highest risk and return to lowest risk and return, offices is at the top.

But at a $1.5M asking price, as long as you don't have to spend more than $300k in rehab (without raising rents), this is a slam dunk deal that should easily be financed  at 75% LTV by a "investment real estate-friendly" bank/credit union that is located fairly close to the properties.

I’d love to hear more about what you’re targeting in terms of property type and location.

All situations are specific to individuals.Our best wishes and empathy go out to those LA individuals and communities.It’s been about 6 years since one of our storage locations was flooded for about 4 months.  2 feet over the roof.  

This is a fully stabilized property, with upside in rent in a B+ location. 

Low maintenance building, top-end rents for the area due to the extensive work that was done and the location.