I was wondering what everyone thought about buying a unit that backs up to a new Luxury Aparment and mixed development complex, and what that does to future values and rents.

@Lenny MichalskiWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

Open to networking with like-minded people and possibly connecting for future opportunities!

When you decide to sell in the future you will have a difficult time because others will see things the same way I see them.

Conversations such as these will help define it further in the future.

Excited for the future and next steps.

We expect the selling price in the future > FMV when we starting renting out the unit.Am I thinking of this correctly?

Another option could be using FHA/etc instead of 20% down to leave more investment cash open for the future for my primary residence, but even then it might be rather tough to qualify for future investment property if I already have a $400k primary residence loan in my name.

I have never done this but probably will have to do in future.

@Lateeka MosleyWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.