But the fact is, in the long term, if you own property then your money has a constant and safe return on investment.In a bear market, investors worry about the value of their investments.

If you collect the 10K from the renter will you reimburse that 10K to the insurance company?

According to the AI checkers, this was likely written by AI.

"I thought it started next month?"

Quote from @Account Closed: Hey guys,I have no experience but after looking at all my options I have come to a conclusion that my best move is to buy land and develop multi-family apartment building (15-20 unit) 2 story somewhere between Miami Jupiter.Budget for everything 3MDone with cash + 6% line of creditLooking for long term holdI would love to hear any insight on what areas I should look at, ballpark of build price (hard costs and soft costs) and would love to network with anyone in the area on this.ThanksIf you're looking to develop a 15-20 unit multifamily building with a $3M budget between Miami and Jupiter, there are a few key things to consider:Land Budget: Aim to keep land costs around 10% of your total budget.

Start with the view from 30,000 feet up.

It will be paid off in the next 10 months.

do you know how you will fund the acquisition? 

The game is about getting the best possible start in life, and money in the bank and a low cost degree are two obviously great moves.

I like the idea of it and would be open to giving it a try in my area.