Is this normal? 

Is this normal?

A normally overlooked aspect of construction/development is not comparing the opportunity cost of getting into another property in less time and less money out the gate, so keep that in mind.

We normally have a few guest speakers, food and a ton of smart investors to network with.

@Garret Anthony Central Ohio has some great opportunities for the long term...and C-class value add MF is the way to go...finding the deal is the hard part....most agents and wholesalers are looking in the 1-4 unit range by default...I would recommend buying as many units as you possible can out of the gate...don't fool around with duplexes if you have $200k to spend...it will take longer, but a deal that meets your criteria will come along...or a possible partnership with a like minded investor that can put some skin in the game...

@Jennifer Manzella SavvaSTR's do have some unique differences from their LTR counterpart.There are unique tax laws if you provide substantial services.STR's are normally furnished by the owner which may be eligible for immediate write-off / bonus depreciation.

Although many normally in-person groups are temporarily virtual, there are definitely still a lot of meetings out there.

When I spoke with them first time, they say it will take 1-2 weeks but it is already passed 1week and we haven't start any minor fix for the rent.I am not sure if it is normal.

I don't think in a normal state they would have a chance....but as you said, you're in Cali.

Finished basements add value but approximately what it costs to finish them unless they are just like upstairs rooms with lots of natural light and doorways, normal ceiling heights, and you can add baths or bedrooms.