Discussing these points can help you make a sound decision.I agree wit @Noah Corwick that permitting and construction cost make this a tough option.  

The institutional firms that do this type of lending (we deal with them every day) have to "securitize" the loans...meaning have their hedge fund/Wall Street backer bless the deal.

At the acquisition price points, and the market value of the units if you do decide to go wit a pm you’ll find yourself not being very profitable as most pm’s will charge $75 per unit min or 8-10% of gross rental income.

(This is a blessing IMO.)So I said I understood her decision and would contact her with further instructions.I sent her a move out letter via email the following day with a couple of options for a timeline, info for scheduling a final walk through, etc… now she is ghosting me.

And, yes, I have been blessed to have done very well. 

I look forward to engaging and learning a lot from this community.God Bless! 

This will help you in the long run, as you'll find your agent experience will be a blessing & a curse:- Blessing due to your understanding of MLS, searches & contracts.- Curse because MUST change your agent mindset.

God bless good-hearted, honest little birds.There’s the fighter.

When I can do a deal and make 10k on 2 hours of work :)  Or our building business which we have been blessed with.

I will treat a witness as a trespasser.I want to really emphasize that this lady is a major headache and may have mental issues.It is possible she has been fired from her job as well.