Purchase price: $2,500,000 Cash invested: $40,000 looking for investor to invest $2.5M to finalie purchase of 220,000sqft lot to build 40 residential houses for middle class families.

DC is a metro area of 6  million plus it really takes a lot to move the needle.

We're probably erring on the side of being conservative with costs here but I think it's going to take a lot to turn this one around. 

I feel like this is a lot to consider and I cannot figure out what would be best.

There is a lot to consider and my basic math on the income/expenses seems to show that I wont have an income from the property and all of my gain will be in equity.

@Julian Pilate-Hutcherson We work almost exclusively with OOS investors and it's a mixed bag...I sold 3 MF properties this month to folks that have never been to the state...and I have another set of clients that have been in the market for months and make routine visits to the city...I think it has a lot to do with comfort-level...truth told, we can leverage technology and get every possible detail on the table for review to make a pretty informed buy/pass decision...combined with an inspection and appraisal, there is really no need to be here in person looking at deals....

Being 19 I feel as though I’ve got a lot to learn so I wanted to go all in with learning as much as I can.As for the company I looked into flipping first and using the money made from there to buy and hold in residential and commercial properties.

There is a lot to love here that won't be quantified in traditional stats/logic UNTIL you come check out DSM for yourself... 

There's a lot to this electrical story but I'll try to focus on what I'm here for which is a practical and more immediate solution to a much bigger problem of a building built in 1911.Upon purchase of a 4 unit building I find the first floor, and much of my basement, is dark.

Does your moms house have a big enough lot to expand out instead of up?