The project got off to a slow start with the building department.

A large multifamily building with one unit dedicated to management living.  

Build cost 2 million ($240 per square foot for a 5400 square-foot duplex) (Sale price $650 per square foot valuating the duplex at 3.5 million) Upon stabilization, the properties market value is projected to be between 4.5 and 5 million.

Soaking up as much information as possible from the Bigger Pockets podcast, preparing myself for taking action, and looking for conections and building relationships.

Margins are small, and to me, the real wealth-building in REI comes from the long-term appreciation, not the short-term cash-flow.Anyway, welcome to the forums.

I have some initial capital and am ready to get started.

I'v been self educating for several months now and am ready to get the ball rolling.

Additionally, ensuring your property is move-in ready can be beneficial.

If the buildings are all on one lot this won’t apply.

There is quite a bit of prep I need to do to get it ready.