For example, parking under the building would require steel, if the spans call for it you could need steel.Also, just because you are five stories or more doesn’t necessarily mean you need steel either, or perhaps you could do a mix of steel and wood frameLots of variables and really need a plan set and a structural engineer to sort these things out

I am also negotiating a "Subject to" property with one of my existing clients.If you can get legs on the PM company (get to 200 to 300 units quickly), you should be able to have enough cash flow to be able to fund your purchases.If I were to do anything over, I would have quit my engineering job sooner and started in property management.  

Fees for new construction , between capitol connections , impact fees , environmental fees , engineering fees , etc  you CANT build AFFORDABLE housing .   

With a "real" cost segregation study, it is signed by a licensed engineer who absolutely is a "qualified individual."

I've always been a bit of a "job hopper" and have worked in several different industries over the years (eg. healthcare, insurance, bartending, audio engineering, project management, adult corrections, and other security work).

I graduate from the University of Utah in the spring with a mechanical engineering degree.

A good rule - as long as the plumbing and electric has been updated, a well-built home from the mid-20th century is a better investment and will likely outlast a newer build.Credit to the respective author

So even if it’s fully gutted, no water, electric etc, that’s all within the scope of a 203k. 

Purchase price: $205,000 Cash invested: $27,112 Bought for $205,000 in the Maine-Endwell school districtMonthly rent (pro forma with 3 month stabilization) $4,800Taxes: $9,238Insurance: $2,642Gas/electric: $0 Water/sewer: $2,451Total expenses: $14,280 I used a conventional 10% down.

FEMA rental Assistance covers the cost of monthly rent and essential utilities, gas, electric, water, trash, and sewer.