Keep looking and be patient about getting started.

This can require a large investment in fire/life/safety, mechanical systems, elevators and ADA compliance.No established hotel with recognition...it always takes time to ramp up a new brand in a new location.  

Agent says it's high.Specs: 1,512 sq ft area (36'x42'); two layers to be removed; no leaks or water damage; cover with 15 year architectural shingles; easy roof pitch (no harnessing or safety needed)Just want to know if those who have done roofs think this is a fair quote or high?

I am not an lawyer (and I do not play one on TV ;-)) but I went looking on masslegalhelp.org and found this nugget on Federal public housing:Federal public housingIf you are applying for federal public housing, a housing authority  must deny your application if it finds that:A household member is currently engaged in illegal use of a drug, or the  Housing Authority has reasonable cause to believe a household member's illegal  use of a drug or pattern of illegal use of a drug may threaten the health,  safety, or right to peaceful enjoyment of the premises by other residents.1 The Housing Authority has reasonable cause to believe that a household  member's abuse or pattern of abuse of alcohol may threaten the health, safety,  or right to peaceful enjoyment of the premises by other residents.2   Importantbefore denying a person housing based on illegal drug use or alcohol  abuse, a housing authority may consider evidence of rehabilitation3.Any member of your household is subject to a lifetime registration  requirement under a state sex offender registration program.4 Any household member has been convicted of the manufacture or production of  methamphetamine in federally assisted housing.5 Any household member has been evicted from federally assisted housing for  drug-related criminal activity within the past three  years.6   ImportantA housing authority can also let your household in if the person who  engaged in the drug-related criminal activity has  successfully completed a supervised, approved rehabilitation program, or if the  circumstances leading to the eviction no longer exist—for example, the household  member has died or is in jail.7 In addition to the automatic denials listed above, a housing authority  may deny applicants "whose habits and practices reasonably may  be expected to have a detrimental effect on the residents or the project  environment."8 This means that a housing  authority has wide discretion over whom it allows  into its federal public housing programs.

After gaining enough capital for a safety net and putting enough down to purchase a property, I want to rehab and resell houses.

Most families with children will not want cement in their house as they may view it as a safety hazard to their child.If you are marketing to college kids, then cement is the way to go because it is easy to clean vomit and spilled beer after parties and cement doesn't stain as easily as wood or carpet.Personally I go for what I like.

The best deals come to the patient.

  - My comments about the "safety" of multi-families was more for the benefits of any newbies who might be reading this later.  

But I also had some safety systems in place to protect against losses.

Welcome to BP.I understand what it's like to be in an overpriced area, but there are nuggets everywhere.Just be patient.