Purchase price: $425,000 Cash invested: $90,000 The property consists of two residential units and a large bonus space that is used by MANNAHOUSE, a local 501(c)3 that distributes food to those in need.

The utilities office says I have to pay to take out the old lines for safety reasons when not building again for 2 - 5 years.Alternatively, if I rebuild with:-excavating out the old foundation-putting in a new & larger foundation-starting right after the demolition is over…then do I have to pay to rip out all the old utility lines AND install brand new lines to the new home?

I think working in the industry for an established name is a key way to learn with a safety net (acquisitions, portfolio management, being a PM, etc.), @Jeremy Ramey I find the best opportunities are presented making small talk about my REI goals with peers, family, and just about anyone I run into.

It is really good food for thought and dovetails nicely in my opinion with the current thread on low price and turnkey.

Being successful in real estate long-term often involves being well capitalized and having high safety margins between incoming rents and outgoing expenses, so the bigger the margins are the less risk you have. 

I like to include a variety of places for food, drinks, entertainment/attractions special to that location, sports, groceries, and music.

However, I wanted to continue learning so I looked more into real estate investing as a way to create a path for myself and expand into other fields I'm passionate about, such as health and wellness.My goal is to build up both businesses into companies that work to create solutions for our environment, the less fortunate or lower-income, provide jobs, better our food system, and inspire those like me to think bigger and know it's possible.Thank you to everyone that's here and I hope to add value inside the forums and continue making this a place to give knowledge and push our peers forward.

However, I wanted to continue learning so I looked more into real estate investing as a way to create a path for myself and expand into other fields I'm passionate about, such as health and wellness.My goal is to build up both businesses into companies that work to create solutions for our environment, the less fortunate or lower-income, provide jobs, better our food system, and inspire those like me to think bigger and know it's possible.Thank you to everyone that's here and I hope to add value inside the forums and continue making this a place to give knowledge and push our peers forward.

My favorite is when people leave food in the fridge and tell me "you can have it".

You can be our safety net, correct??