A powerful point is the value-add at entry. 

Knowledge is power and without it, you increase your risk exponentially.

However, these properties generally have a lot of land improvements that qualify as well as certain portions of electrical, mechanical and plumbing that can qualify.

Electrical work, plumbing, foundation, windows, roofing, and AC/Heat.

What @Nathan Gesner said ^^^^ plus....do you have other construction skills like plumbing/electrical/tile/etc?

How Ford’s BlueOval City Project Impacts Real Estate: A Setback and Opportunity for InvestorsFord’s massive BlueOval City project, a planned $5.6 billion electric vehicle (EV) manufacturing campus in Stanton, Tennessee, is a game-changer for the region.

By acting quickly and aligning efforts with Debra’s expertise, we achieved success with minimal challenges, showcasing the power of collaboration and decisive action.

Existing deals will instead be saved by NOI growth driven by rent growth--if you have the staying power to hold on long enough.Supply:  High deliveries remain today mostly because of "hang over" from projects that are taking longer to complete than developers (and industry analysts) expected. 

Bad electrical is dangerous.  

Electrical and plumbing all updated within the last 4 years.