Hey All, I have a friend who needs help with rehabbing a property in Curtis Park Historic District in Denver.

@Parmesh P. there is no such TDA paying 7% or even 6% long term,5 years or longer.

Think of it as s long term investment that will save you headaches down the road. 

I do a bit of flipping, BRRRR, long term rentals, and wholesale.

I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?

The goal is to start building long term relationship with, so any names would be appreciated. 

Start to evaluate deals based on the income approach and you'll do much better long term investing. 

If you’re leading it to a company be sure to have in your lease explicit information about who is responsible for what in terms of maintenance.

Since I am entering this field in the latter part of my life (63), I do not want 'long-term' investments as I am not interested in making millions, but having enough for the remainder of my life to 'Vive La Vida Loca'!

It was purchased from MLS as a long term buy and hold rental.