How long will it require to implement your business plan and rent / stabilize the property? 

My story is an exact carbon copy as that of Gerry's.

The city this house is in is fanatical about making sure there are no holes in the wall between the house and garage so fire doesn't have an easy path to get through, or carbon monoxide if someone leaves the car running...now I get it... these are college educated...millennials.

We have been starting the process to get these houses rehabbed but the program is not implemented in every municipality yet and it takes time to go thru the courts.    

You mentioned you are involved in things in other countries, why not share some of the things you see they are doing that are really good measures and could be implemented here in America?

Est After repair value 1.3mOther large scares: Many of the homes would have code violation issues, many have foundational issues (although my team is accustomed to fixing). no current city inspection but what happens when they implement code inspection department in 5yr 10yrs. 

The RGV altogether has experienced A LOT of growth since space X also since the implementation of the new football program at UTRGV. 

Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

If yes to invest in NY, what would be the recommendation criteria that I can implement to protect me to some degree.

You can also accomplish some of the same functions for your Series LLC by implementing an Agent Trust.The Land Trust is an inter vivos trust, an estate planning tool, and so they are created to synergize with your living trust.