I suppose there’s no way to get the appraiser to give some kind of consideration to the land/development value & not beat me down over improving the unit in substantial disrepair?

That's the time to network into the community and connect with local influencer who will be very open to promoting the area.

I agree with the above post that if you are buying and making substantial improvements than it might be best to use hard/private money and get your loan, make the improvements and then refinance.

Cal. market and address's how the shark skin suits (VC) could influence the rental rates in their chosen markets.

I was told that they were influenced by their parents and were firm at 182k.

Unless you grab a deal at a substantially discounted price with an ample profit margin, it's very tough to make the numbers pencil out with hard money.

As a buy-and-hold investor, this topic once scared me, however for some reason I am led to believe that this influx of cash is influencing the RE market rebound more than we might realize.

There are a lot of moving parts, but the profit potential is substantial.

Your business model needs to build in performance bonuses that are substantial.

., so the closing costs will be substantially higher than for a single property.