Assemble a great team of people in your own backyard, do a couple of deals, then grow.

The property was a distressed two lot assembly and is only 33 feet wide.

What type of team would you like to assemble?

Make sure you understand how the product is being assembled in the factory vs at the site. 

Notwithstanding any other language to the contrary, should the Governor declare a state of emergency pursuant to § 44-146.17 of the Code of Virginia in response to a communicable disease of public health threat as defined in § 44-146.16 of the Code of Virginia, and if that declaration specifically provides that the eighth enactment of Chapter 552 of the Acts of Assembly Special Session I shall supersede the language set forth in enactment sixteen of this act then this sixteenth enactment shall not be effective so long as such a declared state of emergency remains in effect.

@Troy Ronald regardless of where you decide to invest, you'll see little results unless you have a resourceful team assembled (real estate agent, lender, contractor, property management, etc.)

It's never a bad idea to assemble a team of professionals.

Although this is a diary thread, the actual progress has been posted on BP in a series of separate threads; I have assembled links to all of those separate threads here in this single post for the convenience of the viewer to visit them all in whatever order the viewer chooses.inner city duplex part 1-4https://www.biggerpockets.com/forums/843/topics/46...inner city duplex part 5 - 8https://www.biggerpockets.com/forums/843/topics/46...inner city duplex part 9-12https://www.biggerpockets.com/forums/843/topics/46...inner city duplex part 13-16https://www.biggerpockets.com/forums/843/topics/46...inner city duplex post 17-20https://www.biggerpockets.com/forums/843/topics/46...inner city duplex post 21-28https://www.biggerpockets.com/forums/843/topics/46...inner city duplex part 29-36https://www.biggerpockets.com/forums/843/topics/46...inner city duplex part 37-47https://www.biggerpockets.com/forums/843/topics/46...inner city duplex post 48-58https://www.biggerpockets.com/forums/843/topics/46...inner city duplex - the end!

Generally the sales tax exemption is for if you are assembling widgets and then selling the main widget on the end and charging sales tax on the end widget.Real estate does not have a sales tax on the end sale, so for this reason, the components you buy for the property are not exempt from the sales tax.

Hey George it depends on what kind of LO (loan officer) , in a retail big bank like Chase, in a refi assembly line plant like Loan Depot/Cash Call/Amerisave, a LO with a indepdent mortgage broker, a mortgage broker one man shop, or a LO with a mortgage company.It can vary from flat rate of $500 per loan up to 2.75% of the loan amount and everything in between.