As a realtor here in the Champaign-Urbana area, much of the investment property here is uplifted by the university and its large international student base which will only continue to grow, especially with the expansion of the medical program here.

Are you planning to make the building energy efficient in your restoration work ... what other updates will be required by regulation / legislation?

HiI would love to intern or job shadow an experienced investor in the Greater Hartford Connecticut area in exchange for doing tasks such as admin or job site takes that you investors don't like doing.

I’m willing to BRING THE MOST VALUE I can up front to learn and if you need an INTERN I can do that as well.Any books or advice for investing in the Long Island Market I would love any comments & feedback!

I intern at a commercial development firm, although would like to start building my own multifamily empire.

Or offer to intern for the larger landlords or investment firms in town.

I have not tried either of these but I am curious to see what kind of energy or internal motivation it brings out.

First thoughts off the bat is does the structure meet International Building Codes, State codes, Local codes? 

so I am expecting around 80k in internal fixing up thingsfrom last three days I am going there is different time lot of new things1. government is relocating subsidized home owners from next street. and selling it to the contractor to build newer home 2. there use to be lot of home less around the area that has changed in last year or so3. in my stress test we have capacity for going 25% below current rent that is already below the market.it is for sure long term buy and hold in my little research on Richmond show it is changing and changing fast

. -$6,408 -$6,536 -$6,667 -$6,936 -$7,658 -$9,335 -$11,380 Operating Expenses -$22,376 -$22,896 -$23,430 -$24,535 -$27,544 -$34,769 -$43,986 Income Analysis Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30 Net Operating Income $69,121 $71,345 $73,639 $78,445 $91,838 $125,671 $171,631 - Improvements -$0 -$0 -$0 -$0 -$0 -$0 -$0 = Cash Flow $69,121 $71,345 $73,639 $78,445 $91,838 $125,671 $171,631 Cap Rate (Purchase Price) 8.7% 8.9% 9.2% 9.8% 11.5% 15.7% 21.5% Cap Rate (Market Value) 8.2% 8.0% 7.8% 7.5% 6.7% 5.4% 4.3% Cash on Cash Return 8.5% 8.8% 9.0% 9.6% 11.3% 15.4% 21.1% Return on Equity 8.2% 8.0% 7.8% 7.5% 6.7% 5.4% 4.3% Loan Analysis Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30 Market Value $842,945 $889,307 $938,219 $1,044,261 $1,364,807 $2,331,288 $3,982,177 - Loan Balance -$0 -$0 -$0 -$0 -$0 -$0 -$0 = Equity $842,945 $889,307 $938,219 $1,044,261 $1,364,807 $2,331,288 $3,982,177 Potential Cash-Out Refi $632,209 $666,980 $703,664 $783,196 $1,023,606 $1,748,466 $2,986,633 Sale Analysis Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30 Equity $842,945 $889,307 $938,219 $1,044,261 $1,364,807 $2,331,288 $3,982,177 - Selling Costs -$50,577 -$53,358 -$56,293 -$62,656 -$81,888 -$139,877 -$238,931 = Proceeds After Sale $792,368 $835,949 $881,926 $981,605 $1,282,919 $2,191,411 $3,743,246 + Cumulative Cash Flow $69,121 $140,466 $214,104 $368,553 $800,132 $1,896,038 $3,393,948 - Initial Cash Invested -$814,980 -$814,980 -$814,980 -$814,980 -$814,980 -$814,980 -$814,980 = Net Profit $46,509 $161,434 $281,050 $535,179 $1,268,071 $3,272,469 $6,322,214 Internal Rate of Return 5.7% 9.8% 11.2% 12.2% 12.7% 12.6% 12.3% Return on Investment 6% 20% 34% 66% 156% 402% 776% Buy and Hold Projection Purchase Info Purchase Price $799,000 + Buying Costs $15,980 + Initial Improvements $0 = Initial Cash Invested $814,980 Square Feet 9,248 Cost per Square Foot $86 Monthly Rent per Square Foot $0.87 Income Monthly Annual Gross Rent $8,026 $96,312 Vacancy Loss -$401 -$4,816 Laundry $0 $0 Operating Income $7,625 $91,496 Expenses (% of Income) Monthly Annual Insurance (4%) -$323 -$3,877 Management Fees (8%) -$610 -$7,320 Taxes (5%) -$398 -$4,771 Misc. (7%) -$534 -$6,408 Operating Expenses (24%) -$1,865 -$22,376 Financial Metrics (Year 1) Annual Gross Rent Multiplier 8.3 Operating Expense Ratio 24.5% Cap Rate (Purchase Price) 8.7% Cash on Cash Return 8.5% Net Performance Monthly Annual Net Operating Income $5,760 $69,121 - Year 1 Improvements -$0 -$0 = Cash Flow $5,760 $69,121 Assumptions Appreciation Rate 5.5% Vacancy Rate 5.0% Income Inflation Rate 3.0% Expense Inflation Rate 2.0% LTV for Refinance 75.0% Selling Costs $47,940 Purchase Analysis Purchase Info Square Feet 9,248 Purchase Price $799,000 Initial Cash Invested $814,980 Income Analysis Monthly Annual Net Operating Income $5,760 $69,121 Cash Flow $5,760 $69,121 Financial Metrics Cap Rate (Purchase Price) 8.7% Cash on Cash Return (Year 1) 8.5% Internal Rate of Return (Year 10) 12.7% Sale Price (Year 10) $1,364,807