To me, its the best of both worlds (buy existing for cash flow vs. develop from ground up for greatest equity gains) You get cash flow from day one to offset some or all of your operating costs (rather than feeding the alligator for 1-2 years with new development) and you still have the Value add opportunity that comes with an operational overhaul and subsequent expansion.I personally only invest in low crime areas.

The floor joists are not strong enough and the sub floor is likely inadequate.

The implied warranty of habitability requires landlords to maintain their rental units in a condition fit for the "occupation of human beings. "136 In addition, the rental unit must "substantially comply" with building and housing code standards that materially affect tenants' health and safety.137A rental unit may be considered uninhabitable (unlivable) if it contains a lead hazard that endangers the occupants or the public, or is a substandard building because, for example, a structural hazard, inadequate sanitation, or a nuisance endangers the health, life, safety, property, or welfare of the occupants or the public.138A dwelling also may be considered uninhabitable (unlivable) if it substantially lacks any of the following:139 Effective waterproofing and weather protection of roof and exterior walls, including unbroken windows and doors.Plumbing facilities in good working order, including hot and cold running water, connected to a sewage disposal system.Gas facilities in good working order.Heating facilities in good working order.

I also expect to someday cash out much or all of our investment/commercial RE so we can have a low-responsibility retirement.

@Jean Paul RousseauAre you looking to sale a house or all kinds of investing?

When you are in the market for a website design, feel free to message me.Thanks or all of the responses!

The Roth IRA is great, but know that the IRS could change the rules in the future and tax some, or all of it.

Go for one card a year until you've got 3 or 4 and then just keep building on them until you eventually have at least 25k limits on most or all of them and by all means once you get them keep them.I've actually got 100k limits on some and could probably get more if I wanted or needed them.

Best approach I think for a residence is to contact those agencies that serve the population and lease to them, this can be a commercial lease with them making some or all improvements.

In fact, most or all of these lots are located on a slope.