It encompasses a wide range of expenses.

A quarter mile radius will usually encompass more than one neighborhood.What/where have you been in investing in the area?  

Last, whenever you have an unusual space, think about bringing in someone to stage the room to show how charming it can be.

I'm definitely going to look into Oregon and Charleston - I love the history/charm of Charleston, but I have yet to check out Oregon.

But the skies are blue and walking around in flip flops in February does have its charm.

HML is short term and based on equity for approval, whereas conventional may be more long term but be prepared for stringent underwriting and all which that encompasses.

It is not a prime buy and hold area PER BP  mantra more like west coast and more expensive areas but yoiu have to dig the appreciation and if you ever want to sell it takes a matter of days...I built the house that Shep from southern charm bought  FYI  coincendence but it was fun being on the show.

if u seen the movie 'Limitless' it sould resonate with the psyche of how i believe our society is conditioned into a delusionally bipolar'grass is greener' mindet where we are either very happy/successful, otherwise we are down in a ditch waiting for the next opportunity to get back up there and be ecstatically happy and successful in the future.what about incremental. to me, that's how savings and investment actually materialize. heck, the very word itself 'invest' should encompass the fundamental of not consuming today in order to have more tomorow. i myself have times when i am broke but thats almost always right after a close where i invested than liquidated. my final thoughts are practically nobody on BP is living in the horrid shantytowns of any continent for matter where they are living in starving conditions with no food/water available on a daily basis nor having nothing to call their own other than the clothes on their back. such is the case out there for some large portion of some 8 BILLION humans on this planet. many, many if not most people out there all over the world don't own anything at all except the clothes they are wearing right now. likewise, many/most people on this planet don't have a practically endless supply of food so they dont go hungry. here in northamerica, luckly even homeless folks if there hungry can simply find out where the nearest 'soup kitchen' is and get a wholesome meal on a daily basis indefinitely. we have so many resources at our fingertips that it is so easy to start saving up 100s of dollars a month even based on minimum wage (whereas a family overseas living in rural areas with no local jobs other than living off the land, as is the majority of situations across the globe, may be lucky to even make $100 a YEAR!).

Creative financing is a curious termYou can be a real estate operator instead of an investor and make money with very little capitalWhen I present to the seller that has very little equity like 95% loan to value, they are stuck, and they need some helpIt is up to the real estate operator to show how song on charms will help preserve the little equity dollars instead of selling cash with an agentSubject to and wraps have their place when buying on terms if you buy on sub 2 and a note you can structure the note in such a way that is in your favor, such as a moratorium or interest-only payments etc.Sometimes you don't want to but you just want to get the cash flow and do a master lease or a master lease option in case of multifamilyYou going to need some money to have a real estate operations so think about recruiting some capital.

Site selection – broadly speaking which properties to buy (lots of discussion regarding this here and other places) – encompasses property, construction/rehab costs, and the decision points along the wayFunding the project – what type of capital stack to use (people love the jargon don’t they!)