My brothers a broker, and i have decent reserves, and great credit, so getting a construction loan wont be difficult...it may be a challenge but not difficult3 closest comps, 799k, 865k, 878k and none of these properties were rehabbed all of them needed full gut..I know theres so much in between but just looking at the surface to start withAdvice from some builders....Thanks in advance

I have been spending time studying materials on BP to know more about real estate investing.I plan to invest  in Nigeria and Uae but there are no post ,blogs or articles on BP that i have read so far that talks extensively or give strategies based on this two markets .So the challenge I have is that most of the post on Bp talking about stragies of acquiring a property and rentals does not really tally with the Nigerian market.

Not to defend myself, but just to clarify the information I give to BP readers, my answers are never based on emotions, or lack of evidence. 

It's made it a little challenging to figure out what neighborhoods are good and which are not so good, but I've been driving around a lot to get a better feel for the area.My long term goal is passive income from rentals, and from my research Spartanburg is at about 50% renters to owners, so that sounds like a great place for buy and holds.

We've got that covered.http://www.biggerpockets.com/forums/311/topics/198698-detroit-and-michigan--1-defender-answers-questions?

I have been spending time studying materials on BP to know more about real estate investing.I plan to invest  in Nigeria and Uae but there are no post ,blogs or articles on BP that i have read so far that talks extensively or give strategies based on this two markets .So the challenge I have is that most of the post on Bp talking about stragies of acquiring a property and rentals does not really tally with the Nigerian market.

What challenges did you face and how did you overcome them?

Require full transparency from the contractor regarding written deliverables, timelines and contingencies (including soft costs/ muni challenges) project management/subs/materials/delivery/warranty/installation challenges. 

Well, the big challenges (rent control/stabilization, tenant friendly housing courts, tough renovations/need for expeditors, etc.) is NYC-wide, no differences between the boroughs there.As for Manhattan proper, my take is it comes down to two distinct reasons. 

However, I have to overcome challenges of investing with no money - the housing crash was hard on the family!