I am purchasing the property in Town of Brookhaven.  

I also have buyers who know very specifically what town, county, zip code or property type they want, and that really helps me help them.

Has anyone built something similar in the area recently?

if the building was built as 2 separate units, then the process should not be all that complicated... but that is all relative. 

I ran an add through social media and recently had a home owner reach out to me with a property located on the VA/NC line that was built in the late 1700's.

Let me know next time you’re in town and we’ll have coffee!

Anything that gets built is going to be "new" so I can't see how it would harm the value of your property.

I had a similar issue when I bought my first property so I went the turnkey route and got my first property for about 20k all in, including closing costs.Then I decided I wanted to buy something with a bit more built in equity, so I bought my second one in a different city and state.

If you have built up a skillset to a high level, then you can earn a good amount of Seed Money for your future Investments and your qualifications will be excellent!

Our vacant apartments are in a blue collar town where 19 and 20 year old are getting factory jobs for $14-$20 an hours, but no one has any savings.