I've also noticed West Ashley / Johns Island struggles to reach the 1% rule.Are others seeing this as well or should I find an agent who is in the loop w/ off-market opportunities?

The burnt house will be demolished, and the foundation will be used to reconstruct a new 2-bedroom, 1-bathroom home.I have a builder I have worked with on other smaller jobs, like concrete work on my house.

The job is about 1 year, 3 months from start to finish. 

As a real estate investor and advisor with an eye for opportunity, few transactions in history rival the scale and foresight of the Louisiana Purchase.

The absolute best city or town to invest in ( do not get stuck on the notion of investing in major metros or you will miss out on many interesting opportunities) is . . . the one where you have a team you can trust, where you are able to learn the market and its nuances and get to a point where you are comfortable doing business there because you know how things work and what the market requires for success.

The property in question has been carefully evaluated for its potential return on investment, and I believe it presents a unique opportunity for profit.

Hey @James Thompson Such a personal question, but coming from a realtor and investor in FL, most of our markets are pretty depressed and therefore finding lots of great buying opportunities now.

If the seller is willing to do subject2 don't let that opportunity slip away!

The contractor will be your best resource to understand cost of the design; the earlier you identify value engineering opportunities, the cheaper it will cost to incorporate (Google: ‘Macleamy Curve’).

its certainly a hell of a lot easier than chasing down wholesale deals.. you know the deals are there.. they are public record.. most on line.. you can go to Northwest trustee service.. you line up your private investors and do all the leg work for them.. check property check comps.. eye ball rehab.. etc etc.. then you run to their bank ( because they are busy making money in their day job) grab cashiers check and bid for them.. if you win you charge them a flat fee or you take a piece of the deal...