(this is my favorite one, it's such a wildcard)A: "Actually not too great, my friend moved out on me and left me to pay the rent on my own."

The squatters rights laws in California scare me to death! 

I sent a wire transfer right away to an undisclosed bank.

Right now it's only being run through BP, but that's soon to change!

Approximately 300K value based on current market conditions.My interests were acquired in 3 steps:(1) Initial quit claim of 1/3rd interest (single owner to 3 joint tenants with rights of survivorship on title).

I may be able to assist in the initial zoning analysis and steer you in the right direction with my NYC connections to get the site developed.

Higher prices, higher risk, but higher return if you play your cards right and make the numbers work.

Shareholders have rights too.

This is a great forum with very knowledgeable members that will help to guide you in the right direction.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro

While I'm eager to dive into this opportunity, I'm seeking insights on whether this market is the right fit for a foreign investor like myself.