One of the challenges in nailing down a price per foot right now is two fold - everyone has a different idea of the "cost" to build - some will just include the hard number, others provide the all inclusive (demo to doorbell) soft and hard costs - everything excluding land, closing and financing costs.

Excited to be a part of this community and look forward to the challenges ahead.tons to learn.ThanksRob

Hi BP,After listening to a million BP podcasts, and getting motivated by @Brandon Turner's 90 day challenge.

Please correct me if in error but unless you fix the crime, salary, and schools you may have a challenge renting all these new high end homes you just spent millions on.

He said just having that option contract makes evictions more difficult, and that I will be challenged to return the option fee.Do you mind sharing some details on evictions you've done where you had a lease option?

Obviously, I'd need to hire a property manager if I went this route, but I'm curious to hear the challenges, or benefits, that come with long distance investments.3) Is "retiring" and living off your rental portfolio a realistic goal? 

But the demographic challenges remain the same.

I see potential challenge.

You're at the 2% rule which is good......my concern is if it's a $20,000 property it is definitely in an "F" area so you may have some challenges regarding keeping good tenants, collecting rent....etc. 

I challenge you to try and find something positive out of the dozens of his customers that have shared their horror stories.