Every little piece was actually quite easy, but to initially look at getting it all set up while purchasing a property seemed daunting at the time.

Every little piece was actually quite easy, but to initially look at getting it all set up while purchasing a property seemed daunting at the time.

With the pricing being so low in the entire market it's easy to get mesmerized by the out of state pricing.

I have done few Developments and I am GC myself and I know the construction cost based on my experience, plus My plans are approved and it’s easy to receive actual accurate bids from contractors.

@Jason KozlowskiAnother thing I hear is:A easy to self manage B okay to self manage if you have a good handymanC/D easier to outsource to a property manager 😂

Fees should be clearly stated, easy to understand, and justifiable.

@Darrell Paden if it was easy, everyone would be doing it.

Given everyone's experience with this market so far, how easy or difficult has it been to find and keep tenants?

Here's the situation, there is a multifamily on the market for $550k (I know I should start extremely small, but living in NY does not make that easy - for now let's use this as the example), which conservatively speaking can bring in 8% ROI. 

Also Tile would be fairly easy to do a custom shape.