In my area, the vast majority of new multifamily builds has been A-class.

I would like to build a nice cash flowing portfolio.

Would love to start building wealth more quickly than just doing our typical 9-5 and seeming to get now where.

I have a lot in Bonita Springs, FL that is ready to build that I need lending on. $177K land (refi), and about $589K for build.

You usually pay an upfront option fee (around 1% to 5% of the purchase price), and a portion of your monthly rent may go toward the purchase price, helping you build equity over time.Pros: Flexibility: It’s a great way for buyers who might not qualify for a mortgage yet to secure a home while improving their credit or saving for a down payment.

There may be tax and/or liability reasons to do one or the other.  

When doing your calculations - be sure to include principle, interest, property taxes (what your new ones will be - not what the current ones are - because after 1 year they reset to what you paid on the property), property insurance, and a maintenance reserve (we use $100/door/month on maintenance).  

@Rob Ibarra Converting non restaurant space into restaurant space can be fairly costly from what I understand due to the need for larger than standard water lines to service the building and a general need for grease traps and other restaurant specific infrastructure.My first question around going from abandoned auto shop to kitchen is zoning, could you even get the use approved, and then are their any environmental factors in play? 

We are curious if we should build multiple campsites, which would include a lot of tree and brush clearing, and likely a bridge across the creek.

Hey so it'swater/sewer - put in owners name and you can back bill the tenants.electric / gas - this can go right into the tenants name.trash - this is included in the taxes