Where I am in New Jersey, the numbers wouldn't work out at all, but those numbers are good on your sale and rent for the build cost, especially since they should appreciate there in Little Rock steadily.

If you want to learn more about the markets in Memphis, Dallas, Houston, Little Rock, OKC, Tulsa or various locations in AL, I would be happy to share what I know about those locations and what types of price points and returns you may be able to find on quality rental properties!

At your equity position and rate of 2.5% you should crush it for a long term investment. 

In addition, his point of view is that any attorney worth their salt can find a way to defeat an LLC, they aren’t the rock solid wall people think they are by a long shot.Again, this is what I was told, so please find the answers from an actual attorney.

Commercial properties can be lucrative, but the financing/underwriting required from lenders is generally more "conservative" relative to residential and usually have higher interest rates (unless you have a "rock star", long-term commercial tenant in place) and generally require more equity from the borrower compared to residential.

BUDGET crushed from the start.

But they knew it would crush small landlords while the big guys would be ok. 

Hell, if all it takes is offering out some software, i think i gotta call IT in India and get ball rolling, people paying me for chance to send me deals, LMAO, that is a new Pet Rock for sure. 

Red Rock Development spent $50 million building the 600,000sqft warehouse (that Amazon now occupies) without a tenant lined up based off the projected growth. 

Welcome to BP and hope all is well out on the rock.