It depends on many factors;- Available capital- Access to financing- Prior non-real estate experience (e.g. project manager)- Team (e.g.

As a lawyer, I had many arguments with fellow lawyers and non-lawyer settlement agents about whether the title policy should list a particular item as an exception.

There are non-bank permanent lenders who would consider this. 

. - The financing depends if you are going with traditional (fannie mae backed) non owner occupied financing or portfolio/commercial financing.

He is using this time to attempt to clean the place up...gather his parents belongings and he paid for an exterminator whos been there 3 times so far.

I had a carpet cleaning guy that came in and did an exceptional job.

Based on Craigslist it looks like luxury 1bd apartments are renting for around $1,250/ month in that area and non-luxury units are closer to $800/ month.

If so, then Fundrise is all non-accredited offerings, so there are a lot higher fees than you can find in alternative accredited investments.

I am now a retail real estate agent (and I privately manage SFRs for owners), the trustee sales are almost over for the mid sized flippers around here ("my" money is buying non-performing loans, better returns on time and money). 

The next thing I would do is get the ducts cleaned out.