Philadelphia happens to be better positioned than most to absorb life science assets because of the local human capital but look at all of the developments stalled or failing to break ground in University City because the developers can't obtain tenant commitments.

Major items include clearing overgrown shrubbery, replacing doors, fixing up the deck, getting a pond running again, and removing an in-ground hot tub.

I use Amy Wade Brown as my Realtor when I need boots on the ground or to run a contract.

Ground-Up financing is much different.

You have to have a team on the ground that can help you take care of the property, and if it is an STR, to help you take care of the guests.

if you do a search on the recent forum posts you will find Ohio mentioned a lot as attractive places to invest, make sure you do due diligence and also have boots on the ground and connect with realtors and investors in that area.Hope this helps and I wish you the best!!

I'm happy to connect with you and assist you in being eyes on the ground in the area for you.

A few of those cautions include the investigation of existing encumbrances on the ground (zoning requirements, existing or proposed easements and assessments, encroachments, etc.), existing site conditions (high ground water, site topography, existing soil types and soil environmental concerns, etc.), the location, depth, and capacity of utilities to service the site - including public utilities (sanitary, storm and water services), franchised utilities (power, gas, cable), capacity of the local streets to accommodate additional traffic from your development...Be sure to find out if there are any specific local ordinances you need to satisfy (possible tree & wetland surveys, together with any necessary tree & landscape or wetland mitigation plans) and whether there are any concerns from municipal departments (e.g. hydrant locations from the fire department, storm inlet and retention requirements, as well as asphalt / concrete road requirements from the engineer), entrance requirements from the road commission (left turn and passing lanes at the site entrance), etc.Once you get past all this you can finally prepare a preliminary site plan and enter the political arena to get preliminary site plan approval, and to address any concessions the board and neighbors want from you to overcome their objections to your development.

The idea would be to have some boots on the ground in the area I'm interested in investing.For those of you who have formed partnerships...1.

And back ground on the principals probably would have shown lack of experience. ???