It's more of an improvement to a single family home.I've done both iterations many times DM me I could share my layout strategy.

The Networking may allow you to find a mentor or a partner.I want to iterate that residential RE is not passive. 

This may be re-iterating what many others have said, but I believe the easiest first step an agent can make it to create an account with OpenAI and start exploring it's capabilities.

Building  $430,000I will re-iterate. 

I've heard many different iterations of this strategy and I am starting to think this is a make-belief concept.

I 2nd everything @Tyler Gibson just wrote with the emphasis on quality Operator - I have a 5/5 in ChampionsGate and what really separates me from others (even better homes) is my agility and quick responses to my guest's needs/issues. 

How many iterations did you have to do to get a response that you liked?

Or finally, you can lease up and stabilize the asset.Every location is different, and the optionality of having multiple exit strategies allows you to adapt to the market, remain agile and achieve the maximum return on investment for every deal.Even when conditions are favorable, prioritize a proactive approach to due diligence and mitigate risk by structuring the purchase agreements so you only close with full entitlement approval.

If I can be personally helpful in any way, please feel free to connect.A couple of tips for you: 1) Define "Good Deal" in the context of your market: This is an iterative process.

I think Philly will go through a few iterations of these newer laws and because of that I would be weary if thats your only play without a backup plan.