As COVID has impacted office and retail leases there is a new tenant now to help replace these lost revenues.

Now IF we had all the people in the world going to trade schools which are currently at about 5-10% enrollment of pre-collapse numbers, and IF we had every developer dripping in billions to start all the developments needed to get to parity now, IF we had magic wands to waive to make the ridiculous mountains of red tape disappear so it didnt's take ridiculous months on months to get permits to break ground, you'd still have to answer for the fact that we can't get lumber, decking, fasteners or really just name the material because there is the biggest materials shortage in recorded history, only WWII compares in material shortages and there is 0 relief on the horizon because there is still various covid shut downs and restrictions.

The LLC could use the house as collateral for a secured line but we have no revenue or business credit as of yet.

The biggest problem is the land needs to be able to be connected to utilities so you can't just buy land in the middle of nowhere and stick a house on it, permits are also a concern but that varies a lot by location. 

@Snehann Kapnadak time is going to be your biggest asset.  

I settled on the Tampa metro area due to it being the 2nd biggest city with a young crowd while also not having the most expensive properties like Miami.I'm looking to purchase a multi family to start and then grow from there.

Early on I started using Beyond Pricing to help maximize revenue and for the first few months it was great (averaged 90%+ vacancy) but now we're starting to see more vacancies. 

Biggest question, does the profit make sense for you?

Account Closed Welcome to BP and welcome to the biggest source of REI knowledge.

Biggest headache I could see would be property management and finding a lot in an areas where room rentals are in demand.