In order for my strategy to work though, I need to be able to secure the correct first deal: Value add 5-Unit under $500kThe goal would be to force appreciation, elevate cap rate, and flip the building to another investor.

I think we are going to come on the market at 1.95  exicted about it.. we put an elevator in it..I was in a client of mine in Singapores home in Feb and he had an elevator in his 3 story home .. ( and a single family detached non lease hold home in Singapore is some big buckaroos.. but anyway it was glass like a hotel kind of cool.I was also toying with a Tesla solar roof and power wall if I could get that by the BAR.. probably not though .. lets just keep this market going for a few more years please.. :)

@JD Martin has some good advice, especially about using a jack/elevator/lift.

Does it need to be elevated as you described?

The lot is in Central Phoenix, on a developed street, so utilities, are nearby the land is uneven, I would say the elevation changes around 7 feet, and currently there is a wash going through the property. 

I asked for a bid on what it would be to get an Elevation Cert. and file it with FEMA.Anyone have an idea on other companies or how they have lowered their bill?

As Nick mentioned, it can take a couple of years to execute the plan and then show the elevated NOI for a period of time afterwards.What's "best" for an investor is particular to their individual goals and opportunities. 

This is actually one of the main points in the sale speech of many SDIRA custodians and administrators.

Yes, they're a little more expensive, but the borrower pays for the elevated risk.Best of luckStephanie

I have my full time and attention devoted to my business onve settled in Waco.I'm looking for any folks willing to send the elevator down a bit in terms of helping me build my team.