The thought came to me because people pay a premium for new construction but then each year systems get older, so you are really banking on the value of the land.Thanks!

Russel I would not say D that is a far stretch I will give it a c+ and this is a great time to get in on the ground level.

Investment Info:
Other buy & hold investment in Pacific Grove.

Completed a 1031 exchange into a retail/office building, then converted the second floor into a short-term rental (STR) and mid-term residen...

Hello BiggerPockets,After reading numerous books from the BiggerPockets library and spending more time on Loopnet than I would like to admit, it is time for me to put some of this knowledge into action. 

I'm planning on trying to complete 100 hours of material participation... 

Based on my analysis, a good amount of the multi-family properties for sale within Blue Island would seem to cash-flow, but the sticker price on some of these properties seems too good to be true.

A lot of this depends on what type of development you want to get into.

I have been pondering for years on how & where to start and have decided to connect on a larger scale to gain knowledge & guidance to get started.

I own a small 2 bed/1 bath home on 40 acres 30 minutes north of KC.

But if a tenant defaults they have a right for due process to contest the eviction.We see people try and do this with having a borrower on seller finance sign the deed back over to the lender and if they miss a payment the lender can record the deed back into their name.