We have soil made up of mostly clay, rock, and some sand so digging footers or basement of any kind can dramatically drive up costs.

@Osvaldo GuerraAustin, TX, is a popular destination for small multifamily properties due to its booming economy, strong rental markets, and family-friendly environments.

You are in a popular group that thinks you need to own 100%. 

That said, it can be done and done successfully if you plan in advance, build your team (contractors, subs, back ups, lenders, credit with suppliers, escrow/title, real estate attorney, mentor, etc.) get educated on finding (marketing) for deals, rehab costs, locations, market data (like crime rates, school ratings, population growth, job growth, etc), specific market insights like what is most popular and sells for the most in your area, etc

Worcester, Massachusetts' second-largest city, is popular due to lower entry prices and strong rental demand.

Overall, it's a great idea/theory, but execution has gotten much more difficult between regulation and market saturation in some more popular areas.

I look forward to networking with rock stars and being inspired by; all of the awesome stories that will be told, briefs that will be given, comradery that will be built, laughs that will be had.

Popular neighborhoods include Lakewood and Casa View, but larger multifamily properties can be expensive.

Apparently the GP/fund struck an agreement with a local town earlier this year to build a campground in a popular trailed area owned by the town.

I love how this 7 month old thread suddenly became popular again and got me a fresh 50 votes.