While I’ve never done a project like this before, it’s something I’d love to take on—or at least organize and bring in the right experts to see it through.I estimate it would require around a $2M investment to build 5 houses on the lot, with each home valued roughly at $600K.

The same holds true for larger organizations who still rely on financing their business just like us. 

The pests are likely caused by something the tenant is doing (not storing food properly, keeping the place clean, etc). 

Is there a way to pass along the cost to tenants who have chronic problems with causing smoke by burning their food etc.?

I do look at the population, rental laws, rental laws, and major businesses/organizations (hospitals, universities, big business, etc.)

I have been through the worst experience with this drywaller.I am not using a general contractor, I have been organizing the labor myself.

I live outside the USA so that my money stretches further, I have better food, better lifestyle and I am out of the rat race in the USA.

@Shrikant Kakani- thanks ...if you  dont need to use financing - disreagrd the following tip ..if you will need to use a loan to acquire your 1st investment property - I would recommend getting the formal loan pre approval step completed ..this is free  and it will help answer many questions you have  and  help get you organized and  prepared .

As long as you are very organized and everything is good then I would say you're fine

149 repaid loans - 81 active loans...well run organization that understands bridge notes