If it is im not even sure a city will allow you to get a building permit on someone elses land.

There is a duplex new build and their agent told me this.

"expect my insurance goes up', 'hope the property value will increase', 'hoping for fewer problems', A business is not build on hopes and expecting.Build a budget, is the expected return more than your required return?

Unfortunately, if it needs septic and there isn't enough room for a leach field, you won't be able to build a home on it.

With that said, these are excellent products and ones that will be of great benefit in building your real estate portfolio. 

Or are you going after 40 unit mom and pop buildings?

My CoC return in STL is 10% now that the buildings have stabilized, it seems like the buildings are appreciating at an acceptable rate, and I have a team that I trust there (realtor, PM, contractor, lender). 

Hey all, I have several off-market deals (various cities) and am looking to build out a larger network of buyers.

Thereafter the plan would be to get teamed up with a CPA and Advisor team locally to build out the frame work in which I can maximize deductions.  

The upside:  There is a lot of money to be made, potentially, and every door you add to your portfolio builds your company's value bigger and bigger (vs. sales, where it's a transaction and then it's over).