Foreclosure sale price + accrued costs mean sale price on satisfies loan.  

Always prioritize cash flow – Even if you don’t need the income now, properties that cash flow will be much more resilient during market downturns or unexpected challenges.

I think I would recommend people start class b but I recognize the challenges to get the numbers to work.  

Brittany Finding a great PM can be challenging but not impossible.

Very challenging if not impossible to make lot ratios work if the existing property isn't conducive. 

Challenges?

Whenever I face challenges, I tap into my inner Goggins, reminding myself that if he can conquer the impossible, so can I.And let's not forget Think and Grow Rich, a timeless classic.

Owning the multifamily has it's challenges as everyone knows when you compare NNN to multifamily.

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.

Regarding building the proprety for $700K, that is a challenge for sure.