I began shopping for a large construction loan to build a new car wash on the land. 

Small shops with apartments above.

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

Going to shop local to see if I can get a better %. 

The #1 reason that landlords fail is due to failure to manage to the lease (Source: American Apartment Owners' Assn). 

While I agree that the STR market has matured and margins are compressing, I don’t think this is a universal truth especially for Americans buying in international markets like Germany.

Laundromats that are next to (same building) or attachedwith an access door to a coffee shop, cafe, etc are the best ones to get.

Let’s talk shop!

When we rehabbed one of our units for the first time, We found good success buying from a secondhand shop.

But Americans have pets they love and want our space.