I would be willing to bet this!

That said, I bet there are incredible deals to be had potentially in the city neighborhoods and definitely in the more stable suburbs as well and given my family connections I believe it's an area we could potentially do well.

You bet.

When I arrived at the job on Monday, I see an open garage door and about 5 thousand dollars worth of tools just sitting there with the light on, ( i bet that looked wierd all night long in the culdesac for 3 solid nights.)

Conventional mortgages may be slower to close, but are significantly less expensive than hard money.I recommend partnering up with some private money.Offer:5% down (at least some of your skin in the game)6% preferred return50/50 profit split at the endI'll bet you can find a few investors immediately.

There is too much unknown predicting the future and is much safer to look at the market and the numbers in the deal as they stand today IMO.Also, no matter how good the future potential for growth is or even the current numbers if the team you surround yourself with are not genuine and are shady, it is obvious that the investment won't be a success.Those are the 2 main things that I look for when investing.1) The team2) The current numbersThanks for reading and all the best moving forward.

Much safer.

Sounds like your best bet might be to 2 of the income properties and pay cash for those. 10% interest and 4k in points is too much imho.

Never get sucked into believing the lie that multies are "safer" because they have more doors to spread the risk around.Good luck.  

If you go for IKEA-cute finishes, not upscale DC townhome finishes,  I bet you can get it finished out relatively cheaply (and hopefully quickly) and find plenty of eager renters.