In which case, I would need to get bids on total tear down plus stick build, utility hookup, etc.

For some of the properties all of the utilities are built into the fees which you'd need to build into the monthly rent and could be a substantial amount.

However, everything else about this property lines up very well, and I want to pull the trigger or move on asap, since I've already analyzed it forwards and backwards.Here are the details:625k PPcurrent monthly income $5,600, annual income after expenses (utilities, taxes, maintenance, repairs) is 46k, which would cash flow after debt service, but not a ton.However.

How I plan to do this: (THIS IS THE PART WHERE I WANT PEOPLE TO PICK APART MY PLAN.

Like many young investors, I picked up Rich Dad, Poor Dad around the time I left the Marine Corps and got very excited about the idea of investing in real estate, but I couldn't really see my path to get started.

Extra person means eating up utility costs for shares utility and rent space for the landlord.

My goals in real estate are to learn how to get started, the different strategies you can utilize, make connections and eventually help others out as I become more experienced!

I have an investor from out of state that's willing to offer 10% interest only for up to 12 months with a 2% origination fee and a minimum note of $50k, but I would prefer to utilize a hard money lender here in the Indianapolis area.

Hello BP, I am new to investing, I live in Akron, Ohio I'm looking for feed back on what type of housing are considered if you were a cash buyer, or real estate investor for rentals, fix flip, or sale, what areas would be a good choice if you had to pick?  

Over these years, we have received huge profit margins on investments in SFR and multi-unit properties, by utilizing my general contracting background and our ever-evolving understanding of the California real estate market.