yes of course you have to build above flood plains to even build in miami and most of the city lots are non flood plain lots that have been built on previously. even if they were you can build above the flood plain and pull it out of the flood plain once it is constructed depending on the parcel 

So, almost surely not a build-able 1/4 acre on its own when you consider its modest size, odd shape, setback requirements and the easements.

If you ever get a property under contract that's occupied the best thing is to send them a letter and offer them $ for moving expenses, and get them on the phone to build some rapport. 

This has a lot to do with your location, building class, etc.

I did verify certain things before agreeing, example a couple with low credit were recent immigrants to the country, no bad marks but still building up their credit.

I am building a house this year.

People usually like what they are told to like, and builders know these floor plans are cheap and easy to build.

I invest primarily in Detroit (12-doors there), but I'm also building an ADU here at my primary. 

Now, I'm particularly passionate about apartment buildings that have 20 to 100 units.

Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DTI debt to income ratio is 30%I have enough down payment, closing costs for the subject property, and enough liquid reserves for all 10 of my apartment buildings totaling 45 units in PHX Metro AZ my mortgage lender quoted me with a rate at 8.125% with me paying 0.156 points totaling $1,920My question is,does this 8.125% interest rate sound reasonable for an owner-occupied fourplex 5% down Fannie Mae conventional loan as of March 27th, 2024, at 1700 hours?