We are trying to build a portfolio in western PA where we currently live. 

There is a lack of new building and with the Tesla semi-truck factory opening next year the pressure on the housing market is only going to increase.

But there is no visible building on Google Maps, and Xome.com states 0 square feet for the structure.Big red flag: I got it for 16%, the maximum interest rate in an interest rate bid down state.

I've started working with a builder locally on our first Development/Build Project.

The neighborhood is just to good.  

My goal in the long term is build up enough equity/extra income to retire at 50.

You will likely need to upgrade the water service to the building as well.

Steve, the question should be more along the lines of whether you want to build a retirement fund vs try to bring in passive income now.

You are betting on them to build the condos to the standard they are promising you! 

Hey BP Community,I’m fairly new to the real estate world but would like to jump in and get a head start on building wealth for an early retirement.I’m currently in my early 20’s and I’m interested in house hacking with my partner by the end of the year as a first step in investing.So far this year I have been working on building up my financial literacy and some knowledge on real estate through books and the BP podcasts.