Most large metro areas will have deals in an hours drive, find a place you are comfortable with that has upward trajectory (jobs, population growth, market phase), build your core four and rock it! 

Challenge was working through a stale/cold auction.com process without any opportunity to use soft-skills or get very creative in up-front contract phase.

I’ve been into real estate and have been in the learning phase for a while but i’ve been taking more action recently in looking for deals and getting deep into networking.

As I’m sure you now know, you should have released the money in draws After you had phases of the rehab inspected, so you knew your money was being used to improve the asset you had as collateral.

Currently in the value add and rent raising phase of the projectLessons learned?

And for actual data points I had a few City of Portland projects that were taking over 1 year to just get renovation permits not even ground up and one ground up.. in that same year I permitted and built 30 homes in the city of Canby .. 20 miles south and that was with permits taking about 40 days longer than normal with Covid.. i have exited Portland as a builder developer for good.. 

Short term rentals and ground up construction are the two types that are slightly less cutthroat today, but still tough.

It’s good that your learning the trade from the ground up.

Also, one other concern is the home that he likes has an above-ground pool.

We are transitioning away from wood and are trying to build the exact same layout and engineered plans on every site (18Plex)  We build on flat ground in high demand locations.