For that reason my money is elsewhere.You are almost never alowed to do your own renovations, and have to pay an application fee to get approval to do work on your rental.

He has $50K to put down and plenty to do whatever renovations he would want to make.

They've become a sort of extended family.Otherwise, I had done wholesale acquisitions and a live-in flip.I have a YouTube channel with a few videos that discuss house hunting, nuances of buying real estate in Italy and show some of our renovation process. 

For C to B-Larger developments announced nearby-Increased activity in new construction-Building of commercial retail in or near the neighborhood. 

I would love to see the after renovation pictures. 

Having reasonable expectations, hiring a local professional (Realtor or PM), doing your research, and doing everything right (i.e. pro photos, professional design, good renovation, proper amenities and location, etc) are the keys to success in 2025.

The plan is notorious for minimum insurance and they were previously capped at $20M for larger commercial and HOA properties.

They are often located in lower-income neighborhoods and may need maintenance or renovations.

I know of some folks in KC and Memphis doing new builds like this, but they are doing it within a much larger and long-term project that includes upwards of 300-500 units built over the course of 5-10 years.Assuming you're looking in Columbia, do you have a "B+/C" neighborhood in mind?

I'd love to connect if you or any clients are ever in need of financing for rentals or renovations!