thanks for sharing @Rick H. building the relationships pays off

I have a great relationship with them (done exterior painting and small things for rent deductions) and I believe they would give me a good price.

Build relationships and over time you'll have people willing to invest in you -with their money.  

The area is zoned for a max 4/5 stories with 15 units total, 12 of which are market rate.Construction financing is secured as I have a relationship with a hard money lender who is interested in financing the project, but would need to assume the property next door to move forward with a construction loan.

I also got it to educate myself on real estate laws and the relationship between agent and buyer and seller.I actually think it lends to your credibility if you are an agent.  

So while i dont have a tremendous amount of experience I can approach investors with a binder of historical data demonstrating success in managing townhomes in this area, and that my projected numbers are backed by historical numbers with similar properties.Second is relationships, the stronger the relationship the more comfortable someone will be investing with you.

You have to build a relationship.

You have to build a relationship.

Although I haven't done a deal yet, I'm truly looking to build a relationship-based business, as opposed to a transaction-based one. 

I am looking to create mutually-beneficial business relationships to move my real estate investing forward.