Hi LuckyI'm interested in multifamily building.

Looking to connect with folks familiar with these areas or similar.Pittsburgh is a good market with good cash flow however the buildings are older so there will be a decent amount of maintenance over time.

I would buy a Timber track log it.. then sell the land to someone who wanted to build but needed a few years to get the building permit etc.

I’m thinking about luxury condos for short term rentals since I’d occasionally want to have a place I can use for myself.With mortgage rates so high and HOA fees for many of these buildings at around $1k a month, it seems like investing in a condo in Miami is more of a game of price speculation.

There should be a way to find out what the cost is of common materials.EDIT - I was interested in what is available on the island, here are some linkshttps://www.msivi.com/ - MSI Building Supplyhttps://www.lumberyardstjohn.com/ - St JohnWell whaddya know - https://www.homedepot.com/l/St-Thomas/VI/Saint-Thomas/00802/... 

Hi Austin,Insurance business is complex, and I wouldn't rely in an agent that is asking you to leave things "as is".In my case, what worked is to build relationship with at least 3 to 4 agents, so I can easily email my portfolio and they quote me based on that.

And it's going to take more work, especially if you decide to go it alone and try to build a team yourself. 

I’m having a hard time finding information on the financing piece of how house hackers build their real estate portfolio – is this plan generally sound?

The square footage of the building can dictate whether or not additional residential rental units can be present.

If the Minnesota market has duplexes or 2-4 multi-family units, this could be a great way to get started.If you already own a home, then I would say to do some research on the top places around the country to invest in and build a team and a network of experts in that area.