I would recommend living in the area first, reading the local business journal, and attending some investment meetups to get a lay of the land.

As a concept, basements are a horrible idea...they are forever problematic, even when built for occupancy.

The basic concept is simple, but it is hard to do.

@CJ Witmer I think you may not have provided the question in a clear concept to your CPA based on the response you received.

If you can pull off the concept, the returns would be extremely high.

Interesting concept, would like to have multi-tenant/family units.

Im trying to understand the little or no money down concepts.

I could really use a coach that will allow a pay as you learn concept in order to gain valuable experience utilizing multiple exit strategies.

Is the concept of getting to a certain plateau and then working to pay off all the debt associated with the purchases always saving along the way for contingencies and then living off of all that free and clear income?

How about the concept of getting to a certain plateau and then working to pay off all the debt associated with the purchases always saving along the way for contingencies and then living off of all that free and clear income?