Im planning for 200k Hard costs on a $1.5 ppTeam/Planning/ConstructionI want to avoid having to acquire permits as much as possible to transform a 2 fam to a 3 fam.

@Leeor Kanor - welcome to the area, and good luck on your business endeavors!

Treat the endeavor with the reverence that it deserves, not as some get-rich-quick scheme that has you skimming profits while everything descends into chaos. 

Anything else I may not have considered before embarking on this endeavor? 

I hope I shed some light in your endeavor and wish you the very best on your journey.

Now it's time to learn a new field, and have fun adding to my current business endeavors.

Hello,For transparency, I'm new to investing based in Minneapolis, actively looking for my first purchase here in my area.However, I'm ALSO looking into another market for future endeavors and wanted to begin to network with investors/realtors in the Nebraska (most likely Omaha or Lincoln) area in the hopes of getting a feel for the market and building connections in the area. 

I visited an area of Omaha that is being “revitalized” and spoke with a local proprietor who shared current happenings as well as some rumblings of future endeavors.

This week I am meeting with him so he can prepare me for a meeting with the manager of his brokerage next week.I am enrolled in a 90-Hour pre-licensing brokerage course I am financially blessed to have a full-ride at Purdue and spent my first year exploring careers (from PT to Primary Education), and am deliberating switching majors (again...) to secondary education with a focus on business teaching, or switch to a business programI have ~$1500 to my name, but have parental support on rent(I'm sure there are other pertinent factors, but really if you have taken the time to consider what I've laid out, you're already too generous with your time, and I reckon those should give you a gist of my endeavors)Thank you so much for any edification you can give to me, I am in full-blown sponge brain mode right now, and the drive is there, so I know "thank you" is read the same by anyone who writes it, but mine encapsulates a lot of gratitude.

Best of luck in your future endeavors.