Additional Resources to check, 'FYIs', in case you want to learn more about rezoning in the future)-Look up your address on the city's zoning map here to see how properties in your immediate vicinity are zoned.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Remember when land buyers pick a target, they have TONS of work to do getting that property from dirt to payday, so they know their purchase choices, and they have a war chest usually stacked up ready to go.

The Pearl is predicted to turn this area to a GLOBAL medical hotspot- forever changing Charlotte!

We’d love to collaborate further and share more ideas as you develop your vision.

I once owned a 20-acre mixed-use property in Illinois.

I live in California (Central Coast) and have built a 12-door portfolio in Detroit, which has been a great market for both cash flow and long-term potential.Detroit still offers properties well below the $150k mark, with strong rent-to-price ratios and a market that’s seeing growth in key areas.

How far away from the property will you be?

Virtually everyone lives somewhere especially true for those that pay taxes (in CA property and income tax).  

You look for comparable sales for other distressed properties that are similar and nearby and also counter that with finished version comps so you can see what your perceived spread could be.