@Dan Mackinthanks for responding to my message......some of the things that appeal to me back home in Nigeria is buy-build - hold ,investment in raw lands for capital appreciation and also taking advantage of the cheap housing scheme by the federal government,with the aim of providing cheaper housing for workers ... but because  am not home its difficult to start that now. today i was searching online and making calls to mortgage banks to see if i can use them to finance deals but the conditions are not favorable, 20% interest rate and tenor of 5 to 10 years.And as for DAMAC, the job involves getting investors to invest in there off plan projects and also getting investors to buying hotel apartments ,which damac can manage for them and pay them there ROI on the properties yearly.THANK YOU

From the Governments perspective, they love HOA's because they gain all the property tax revenue but don't have to concern about the maintenance and snow removal so I suspect builders get faster easier approval etc.

Tom Goans Your wisdom in years is something I will take to heart.I did see that doc and many more (Netflix), nothing disturbs me more than when the government sold us out by passing the Federal Reserve Act, I believe in 1912.

,In my opinion, and based upon almost 50 years of experience, comps are completely unreliable when used to estimate investment value or the property.To learn the history of the property and confirm your suspicions, visit the county government offices, such as the planning department.It is not recommended to assume anything when investing.

I have acquired properties simply on my credibility, using none of my money or handing anyone my credit report.

Not to mention dealing with government grunt workers, must be frustrating.

I assume that credibility is a big issue, I can't point to any investing successes yet as we are just getting started.

BiggerPockets is a community where credibility is the capstone for building meaningful connections that will help excel your goals.

. :)The fact that he's worth $300-400M gives him a bit more credibility in my mind...  :-)That said, he manages a billion dollar mutual fund, so recommending the market may be a bit self-serving on his part...

If I remember government pays 80% of the rent so 965 rent goes down to 772 and 950 rent goes down to 760.