In order to be considered a warrantable condo, the complex must have half the units be owner occupied and 10% of the HOA budget must go to reserves.

Value was added by solving a problem for the seller -- they wanted to cash out of real estate to attend to some health issues and were anxious about the process being convoluted or complex.

It seems that most apartment complexes and high rises forbid them.

There so many ways to make money in real estate and for quite some time I was focusing only at real estate agent part, brrrr method, house hack and as Brendon Turner use to say, getting more knowledge gives you a better understanding of the Real Estata and for this reason, suddenly I decided to get the team together and build my own , brend new apartment complex with club house, parking and storege units.

My goal is to get into large multi-family complexes, and I intend to start small - although I just started inquiries into a small MH park I found out is for sale near me.

one heater per unit would definitely require a meter upgrade or adding more meters (theres currently only one shared gas meter). i normally wouldnt mind doing that but the complexity it adds for me is high, making room for extra heaters, coordinating tenants to get their gas in their name, as well as the cost of repiping everywhere and multiple heater units, plus i would still need a common meter anyway for the boiler. if this is necessary id probably stick with two tanked heaters, or one 80 gallon.and, the 200A electric is already crammed with ac and stove circuits, so thats a no go without a major overhaul.im glad to hear some news that a single heater in a 4 season location is working well for you; im also having a contractor come out to give his opinion and a free estimate as well in the next few days. no reason not to have him size it up for me professionally, too.my kids arent old enough to try and hog the bathroom while im taking a shower yet (they are 1 and 0), though they shall regret the day they try ;)

So an apartment complex in Tampa, for example, that cash flows 2% of its value per year, doesn't really flow what a complex in downtown Detroit might flow (let's call it 8% just for giggles).

Ease yourself into investing with an easy project initially and slowly increase the complexity of the project.

I am developing a multi use sports complex in Texas I was able to get a significant monetary grant from the location city to support the project I am now seeking financing for this projectI need advice on the best way to finance the facility construction including alternate financingI will appreciate all advice offered  

Sarah - You made a prior post about wanting to house-hack in NJ.There are unique tax laws when it comes to house-hacking as you purchased a personal residence and an investment property.When choosing an accountant, make sure they are familiar with NJ State taxation as it is one of the more complex ones in the nation.