I don't want to hear a tenant claim that they had no idea they weren't allowed to bring their Harley inside and rev the engine.

Hello Amber, since your in the initial stage off assessment its better to get a structural engineer and have a look at it before you proceed.

(Engineer, Doctor, Scientist, Dentist, Lawyer, Chemist, Nurse - sure then you need a degree) but if it's MBA, Psychology, Art, Music, Philosophy, etc - forgetta about it.

Calling software engineers who love real estate and are local to the bay area. 

It has to be done through volume, value engineering, systems, consolidation, and efficiencies.

If your repairs truly are $10K instead of $15K and you sell for $220K instead of $200K that changes things, but if that's a hope or assumption that's when you get burned.

.: Typology; price/discount compared to market prices; estimated price of renovations.2- Start building relationships with RE agentes and find at least one you trust.3- Consider property management. it might eat into your cashflow, but save you a lot of headaches to leave it to people who are more experienced.4- Don't forget to take someone like a contractor or a civil engineer to check on the building.5- Try to Find na accountant and lawer that understand RE law ( It's rare here in Portugal) but there are some.6- Don't Forget to HAVE FUN with the process because, if you don't enjoy it, you'll get tired!

Don't get sidetracked.Reverse engineer your financial and end goals.

Budgets for items like pre-C of O taxes, marketing, engineering inspections, utility connections, amenity furnishings, and consultant construction administration fees were underwhelmingly represented or in some cases, not at all present in their plan.

Our area is doing very well especially with all of the engineering and aerospace and rocket launches seemingly weekly.