It's all about the money.Many bought the belt line with grants, TAD bonds etc. in mind to develop the land.

Deciding to play an active role in the forum discussions helped me in my development as an investor big time!

Under the right circumstances just about everything can be deducted.

To put your large capital down payment at risk with little control doesn't make sense.At 17 out of 80 units you do not have majority share control of the development.

With time and as I start to build my team, I will have more developed and accurate estimates for these numbers.

Welcome to BiggerPockets @Kaphan Edwards.When I found the site, I was at level 0 for sure :) BP has definitely played a major role in my development as an investor.Good luck on taking your business to the next level.

I would also suggest you tie into a good realtor that could help you on your search for discounted properties and they will help you with developing an idea of price.

The easiest way to start is to develop an investment criteria and seek out multifamily in each market that matches that criteria.

I'm looking to utilize my knowledge as an agent, as well as my degree in Accounting, to develop a highly successful and profitable business.My overall goal is to purchase single family homes and 2-5 unit buildings, and rent them out.

Most states have statute on the circumstances that allow "transient guests" to transition to legal "long-term tenants."