Be kind and respectful always, but GO FOR IT.

If I have two identical properties in all respects that produce the same NOI, but one is on the "good" side of the track and the other the "bad", the property on the good side of the tracks will sell for a lower cap rate, since people will pay more for that less risky stream of cash flows. 

But as long as you guys have respect for one another and the morals needed to do business fairly with one another. you'll be fine.I am concerned over the house hacking with a business parter ?

Respectfully, Stephen Rager

The problem with being cooperative and nice is that some (not all) tenants will loose respect once they have been able to string you along once and now think they can keep doing that.

I'm thinking about building something on them and either holding or selling and wanted to see if anyone here can share their experience and insight.The land is in a primo area, and the houses directly next to the plots are 600k and 750k respectively.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/The site has quite a few tools that can be helpful for new members.

The idea of driving for dollars in areas you're investing in, then having your own custom list seems like a great concept.3.Build relationships with real estate agents in your area--they will have lots of insight and might be able to steer deals towards you.Wish I had more, but I'm coming from a place of limited experience in this respect.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/The site has quite a few tools that can be helpful for new members.