One golden rule I follow,if it takes a long time to fix/replace when it breaks, don't buy a cheap one.Imagine, this thing breaks in the middle of your peak season and the people who can come out to rebuild are 2 weeks out....It takes at least a day or two to build something like this even if you are super skilled.

It will be great to build out community.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

I'm currently adding all of my numbers for a 20-unit apartment building in for a test, and then I'll bring my other 90+ units.

Entity structuring, basis calculation (i.e. breakout between building and land), deductible expenses, etc.

Build a strong team, including agents, lenders, and property managers, and use tools like the BiggerPockets calculator to analyze deals.

They are tearing it down to build a logistics facility.

Build a system that attracts the right audience.

Unless you're in a Class A Neighborhood like Palmer Woods, Indian Village, Sherwood, etc,. the additional rent probably won't support the cost to build:(More profitable to take the build funds and buy another property.DM us if you'd like to discuss more...

Even with full coverage insurance you will not receive enough money to actually rebuild your home to today's building codes.