And based on your statement "the more we thought about it, the more we realized we do not have the risk tolerance to rent out the illegal basement unit and would rather make it legal" it doesn't sound like it's a good fit for you.

Having a strong team and sticking to your goals can lead to success.Good luck!

., does it have a strong rental history?  

Unless its a 15 ft or deeper dig or road repairs , thats a high price ( based on Maryland ) . 

A cabinet painting business ran as a cash based sole-proprietor and I’m an insurance adjuster operating out of an S-Corp.

The conditioning of "get a degree, get a job and work 40 years and shut up" was a strong reality in my upbringing.

This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

Would just like to reach out to the community for any advice or tips on getting funding to help with the project.I know typical banks will not lend for spec builds.I have completed other small Developements ( duplexes, triplex etc)I have about 20% to put into the project and the market is very strong. 

But based off the books I've been reading, such as J.

🙋‍♀️ We will have some of our Denver-based team attending BPCON, but I wanted to let you know that we're also planning a meetup in Denver on Thursday, June 8th!