I ended up with around 275k invested and the newest appraisal should hit 450k+ once i finish the second phase of the second story.

Hi All,Since I’m so new and have been in the learning and saving to invest phase (and will be for a while) I’m looking to meet some of the pros in Northwest Indiana that’d be helpful to a newbie investor.

If it burned to the ground, they are no longer the owners and cannot collect. 

They aren’t grounded if so. 

Fortunately this can be overcome with good due diligence and working with the right people on the ground. 

(I think I could maybe increase rents down the road for having it too though so that may offset)- My PM mentioned that "Unfortunately this is a major component... could be grounds for your tenants to withhold rent payments".

My assumption was that the owner has the intention to tear it down and build from the ground up.

Especially if a future silver line expansion (phase 3) takes the metro to leesburg from ashburn since then the real estate values in purcellville will skyrocket since that is not that far from leesburg. 

As demand decreases and supply increases, we naturally see a decline in price BUT the graphs to follow show a steady demand for housing still and I believe that once people are able to get back to work and start borrowing again, we will see a fast recovery.With our phase-one/soft open coming up in only two days, I feel optimistic that we have seen the bottom of this economic slowdown and that we are soon to be on our way back up. 

Also if you want I can be boots on ground for you and consider partnering in a deal with you.