Develop a team with essential members, focus on moderate property prices and high demand, and start with cosmetic flips.

You always invest in areas that support your thesis on the development going forward, not historical.Everything you've mentioned is how you're emotions work.

Balance Sheet can show how much was a building was purchases for, how much principal loan is still outstanding, how much is in escrow and how much is in tenant security liability, Construction typically in the long-term development are put in the balance sheet and not P&L.Most investors are doing multiple type of real estate, not just rental.

Obviously the course designers have huge success in RE, but I am more interested in the course they developed and what I should expect to get out of it. 

I am putting together a pitch book for an $8M ground up self storage development.

In my experience strictly med buildings are generally developed in the same way as part of a campus or off the path a bit from the main retail corridor, so it really is only suited for that use. 

The GFC unfortunately hit all of us lenders pretty hard and I had a concentration in Jackson and ATL and Memphis so I had to move to Jackson for a year to clean up my portfolio I thought I was going to be there for maybe a few weeks but that turned out to be a year and I got very fortunate I was able to rent the developers house at Reunion .

I did this with about 4 developments in PDX market and that was 2005.

Some experienced developers can handle these steps  if they have the time and know what to look for. 

For example, when most of my development clients started building their portfolios, they picked up properties in areas where at least 1 of 3 things was almost always present: 1) They currently or have previously lived in the area, 2) they have family or friends that attend religious services in the area, or 3) they regularly visit family or friends that live in the area.