He stated if the buyer had concerns, he should consult an engineer.

So I wanted to see what kind of construction cost,land acquisition, permitting and engineering costs you're seeing.

Hello,I have recently completed my civil engineering from one of premier colleges in India.I am currently working in company specializing in commercial and residential real estate in India.

Is there anything else you would suggest to a person in my position with no experience in the way of storage but with a lot of construction experience (being an engineer) and verbal commitments from other silent investors interested in investing in something of this size with me.

The past month or so, I have started educating myself as much as I can by listening to the podcasts, reading, and speaking with agents who are involved with investing.I'm currently working a full time job as an engineer, and would like to start to get involved with real estate part time.  

Welcome Mark Walker - I've sold engineering software to Seagate, I'm a MF broker and investor.

The reason the estimates are so off on Zillow comes down to a matter of data completeness, and the algorithms used to select the right combinations of proximity, date sold, features, financing method, etc.

Since we are owner-occupied we have a lot more leeway in being selective with our tenants; but just for fun and kind of to standardize what we felt made a good tenant we created this algorithm.

That ultimate exit (bills/expenses) dictates the criteria for you property profiles, which then dictate the market you should be investing in.What works for me, what works for others, isn't necessarily what's best for you.In other words, you should be reverse engineering your plan.

Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.