I recently finished "Set for Life" and in it the author suggests keeping your investment savings (not your emergency savings) in the stock market so you can ride the general upward slope of the economy before you utilize it.

You gave me some great info to utilize in these conversations!

Other interesting thing from your link is "industrial being the new retail" and that 60% of new warehouse construction is coming from Amazon.

In May 2017 the boiler had a backdraft and the carbon monoxide detector when off in the utility room when off so they evacuated the home and called the fire department.

Other holding costs include insurance, utilities, and lawn care.  

I would have them post a performance and payment bond for the build (so you have recourse if it goes belly-up) and have them name as you additional insured on their insurance policy.Don’t forget to check the utility infrastructure to the site.

I will keep my reasons for getting into RE in mind as my motivation..I was looking at REIA's and was hesitant about going because i'm not the most social person, but it does sound like an amazing source especially for new ppl in this industry..ty for your advice!

And for FHA, that's one-size-fits-all no matter your FICO score.The real formula, for FHA MIP which is not technically PMI even though lots of industry insiders even make that mistake, is a little more convoluted.

This will expose you to the different markets, expand your network and help you save for a dp.The other option (which I suggest, or worked for me when I started out) is to secure a property that will cash flow, complete your due deligence, complete a thorough analysis and then present it to a partner (friend or family) who will put down the cash, while you act as the industry professional with all the knowledge.  

It's not in the greatest location but something we believe we can market because of multiple factors including the fact that it adjoins to a city park on one side that has nice amenities and on the other side it has 3 ingress/egress streets that deadend on the property line with utilities that follow.