This individual is really crushing it - he spent over 10 years in prison, and since release in 2019, has been grinding to get ahead and transform his life.

Not because you send one person 7 mailers for some ridiculous reason  the 7th card transforms something in their brain that causes them to sell.Logically, IF you really for some reason you do decide to do DMM, sending a person a mailer just ONCE... will have a MUCH higher success rate than sending someone a mailer several times.

It was an amazing transformation. :-)

If you go the multifamily route, I would recommend doing a cost segregation study within the first 2 years to accelerate depreciation, save on taxes and increase cash flow so you can attain your next property quicker.I am bullish on Tampa because of Bill Gates multi billion dollar investment into downtown Water Street and the GasWorxx projects, both are transforming large swaths of the downtown and the urban core.Best of luck!

Once you punch through that "terror barrier" you will be a transformed person with a clear path on how you got there!

Check with the city or county planning and zoning department to get an idea of what you can build and what is required for all approvals including site plan and building permits, proffers, water/sewer tap fees, bonding requirements, inspections and CO process and time frame for all approvals.You also need to check with the utility companies and get an idea of availability and cost estimates from them for water, sewer, power, gas, cable, installation and connection requirements, tap fees, hookup charges, transformer location and relocation, power line and power pole relocation issues.

@Remington Lyman That is incredible, huge transformation!

The best indicators is seeing things like that, talking with the alderman or govt offices like assessor, chamber of commerce and seeing what areas are going through a transformation of sorts.

Here are general details:-1st floor needs to accommodate approximate 55 parking stall for the 36 units-Parking will take up around 20,000sf of space-The remaining square footage of about 4,000sf can house elevator lobby, stairs, trash, electrical transform, commercial space etc.-36 allowed units at 850sf average size require about 30,000sf of building. adding the circulation and non-residential square footage pushes this number up to a total building of about 40,000sf.

I absolutely love getting into a place that is decrepit and forgot about, then orchestrating the transformation.