The smart play would be to build a two story wood frame structure on top of piers or concrete block in most cases. 35 feet is a pretty typical height limit in most neighborhoods, so depending on elevation you SHOULD be able to build two stories on top of the elevated foundation.

@Robert B Azimi measure it and call a concrete guy.

Concrete stain flooring.  

Jon, your a smart guy what concrete advise is there to give at this point?

It's too much risk for me until someone can give concrete suggestions of how insurance policy(ies) can accommodate the rental arbitrage scenario.

I don't see him being cynical or seasoned enough in scamming to set up the sales pitch with a polished bait and switch laced with a potent dose of FOMO the way it was.

While there is money in polishing turds, early note investors should focus on solving problems that they have some experience in resolving. 

Sometimes, just knowing the rigth people...whether that’s sharp-minded agents who see a gem before it’s polished or a reliable contractor who’s not going to vanish mid-renovation...can make all the difference.If I had to do it all over again with $80K in my pocket, I’d jump on that first multifamily, rent it out, and let the tenants’ checks pay off the mortgage month after month.

-No concrete business plan, financials or actual equity shares are being disclosed to investors, which need to be.

I cant find anything concrete on Box.com integration on their website but assuming any of these cloud document storage companies would work?