Hello~ I’m operating on the barrier island on the Space Coast of Florida and have found homes to buy, and I have a friend in Cocoa who has been buying condo units in the same building, so very much like apartments.  

My aim is to build a climate controlled facility at one of these identified locations - about 250-300 units. 

If an egress gets blocked by the stuff, who would get sued?  

Other than that, with only one meter, the owner will have to pay for both houses and build that into the rent. 

Is it that there is huge inventory of newer buildings like over at Harbor Point etc, or Stamford is not a desirable area for people to rent?

I guess how you handle the person by building a relationship is key here.

Generally, here's the rule I follow with stuff like this: If every house on the block has a garage and you remove it from your house, that's an expected facet of the home that is lost and you will objectively lose value when comparing to another house from a "market value" perspective; especially from an appraiser's point of view. 

Downsides are that he gets none of the potential upside when the property may be sold down the line, and we have to find a way to ensure that we build enough equity in the property to do a cash-out refinance when the loan term ends to pay it off. 

Goal is to slowly build up your real estate empire and live off with the passive incomes.

I hope I can use this platform more often and build great relationships with everyone.