I'm not saying over my head for a first but no small undertaking.

Our visitors would say how "neat" and "cute"/ "quaint" the community was and really liked the space as the whole tiny houses concept is hot these days.So, we reached out to a local college business school and recruited some students to do a market study for us and found that we just might be able to make the tiny space concept work on this property.Instead of spending a lot of dollars to sweep the property and build it from scratch (never-mind finagling the financing for such an undertaking), we were able to spend a fraction of the cost to renovate these units with a great response and a good return.In addition to learning that the tiny home concept may work for many demographics, we also found that the 55 and older community may be very receptive to these types of units.

Hi Justin,A foundation repair or building a new one is a significant undertaking.

I'm already realizing as I'm typing this that something like this isn't a simple undertaking.

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This could potentially be a huge undertaking logistically for the folks here at BP.

We had considered using the money to start an aircraft management and brokering company, which would also be a big undertaking.

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I would rather build a single tenant STNL all in at a 9 to 9.5 cap rate to cost and sell it at a 6 cap and make close to the same spread.Turning multifamily around sounds easy but it is a massive undertaking so the upside has to be really large to make it worthwhile.Cap rates could change between the time he purchases the building and the time it could be re-leased up possibly evaporating his equity upside potential.

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