Specifics are:- 4200 SQFT - 3 stories with a rooftop deck- Elevator- 5 Bedrooms- 5 Full baths, 2 Half baths- Requires 30 FT Pilings- Block construction- Impact windows- Retail price point of $2.5MM+We are in the process of obtaining GC bids and are looking at experienced contractors with solid track records.

Quiet is an opinion more than an observation.

It's a great asset class my only advice/observation is that many of the available parks that I see advertised right now are way over priced. 

There are normally 3-4 threads on this subject running at all times here on BP.Those that extol the virtues of raising private money will be shouting from the rooftops that (a) they told us so and (b) now is the time to be raising PM, because the traditional bank debt avenues are going to dry up for a spell.  

In the early 1800's an astute observer could see industrialization would be huge.

This is a chance for them to learn your management style and for you to observe their demeanor and living habits. 

This inefficiency I observe makes me want to get into the real estate agency business and specialize in purchasing "as-is" homes, and remodeling/renovating AFTER the new owners own the home and can choose what THEY want for THEIR new home.  

@Ian LivaichAs Mr Marshall alluded to, we honestly over-thought this one and just rented it and observed. 

I’ll take a look at rooftop.

I talked to a couple inspectors to educate myself and they both told me that if there were any areas on the exterior that they couldn't access and they visually observed peeling paint they would have to flag it.