With the right renovations, we saw it as an ideal project to maximize returns in a growing market, especially with our experienced partner, Seth Choate, by our side.

Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.

I was overwhelmed with projects at the time but paid $35,000 and sold two years later without any improvements for $125,000. 

• Crowd-sourced projects (think Crowdstreet, Fundrise, Roofstock)• Moving into investment for 2 years and sell (seems extreme and low level of confidence in strong desired results.) • BBD - Bulk everything together into one large investment, cash-out refinance, rinse/repeat (seems like ongoing work like we have today.)• NNN - purchase triple net lease opportunity (1031 everything into it, managed under trust, tenant takes care of everything) • Sell each off the normal way (even spreading out one a year, heavy tax implications and truly diminishes decades of work.) • Give/donate each away-----I expect many here have already been through similar dilemmas and interested in experiences, lessons learned.

A few public projects have cleaned this up but the area has never prospered since.

I am looking to connect with people in the industry who are proactive and looking for their next project.

My family also owned a construction company, so I have some experience in handling projects associated with real estate. 

My rule of thumb when walking with contractors is if they talk more about themselves and past projects compared to what they will do on this project thats a hard no. 

LTV Consideration – The 60%-70% LTV is usually based on the After-Repair Value (ARV), meaning your loan should be within that range relative to the projected value after renovations. 2.

Having a vision for future projects like the ones you mentioned are great, but learning the ABCs of RE with a small investment (initial down payment - since you only need 3.5%-5% down on a primary) is the best way to sharpen your skills.