Ok so I'm brand new and I'm studying all the free stuff online about lease options, but one question still isn't answered for me.

When the music stops, everybody is in trouble.The only good way to mitigate this risk is to do multiple deals in multiple markets, hoping that the granularity will protect you.

I am looking at a project that is a historic building that sits in an Acre and is 8700sf . very walkable to lots of amenities,restaurants,grocery, schools, government offices e t c.in the past i have remodeled SFH ,renovated industrial builings to retail centers (sizes up to 15000sf)Project Scope: i am thinking retrofiting and add an addition and have aprox 32 units of apartments with elevator, and finishes stainles appliances,granite tops, study says that target tenants are milenials,retiress and due to proximity to government offices government employees.current rents go for 1bed 900-1000 and for 2 bd 1100-1200 . the sf need for 1 bed is 800sf ( should be able to rent according to the study for $1200)and for the 2 bed is 1200sf( should be able to rent according to the study for $1400)for this area.14 1 bed x $1000 =$14000 x12=$168,000. year18 2bed x $1200 =$21600x12=$259,000 yeartotal yeqarly income $427,000.00 -8%$34,160)vacancy (study says 3% for this area)=$392,840.00 yerly gross income.using current rents for fast stabilization as the goal is a non recource loan.i have couple questions that i would greately apreciate your input. 1)is it worth going after tax credits and how do i find more information?

As a newbie I'd like to stay focused on studying terminology's and so on. 

As stated I can't explain it as well as he can but in short, it has to do with the condo corps in Winnipeg not having a 'market study' I think is what he referred to it as.

I have been deeply involved in studying the market here for the past few years.Michael

SB or other businesses will be on a case by case basis so funding is unknown.What a REI does is develop a process, what most businesses do is develop a process AND a product.Now, let's look at the numbers because I think you'll find that the numbers you posted understate the returns of REI as well.So, let's take a pretty generic case study.

This will serve as a platform for me to pursue my passions full-time in music, travel, philanthropy, surfing, and much more.Feel free to reach out anytime, happy to be a part of this great community!

If you're really wanting to pursue this house as a flip, I think you really need to study the homes currently for sale, especially the one that is pending.

Congrats, I can only imagine how exciting it is to be on the other end after all your studying and hard work has paid off.