@collete I have been through the same path.I'm from Brazil (still living here) and after 2 years of studying, researching and traveling to the US I start investing in SFH.

For the most part, a study on a $500k property WILL cost less than a $5M property. 

(I'm was Acrobat/Dancer in Broadway Tour, I also work in TV/Film/Musicals/Etc). 

Every single successful person I have ever read about or studied with very small exceptions owns property.

While most think of gentrification as a negative thing, some new studies have shown benefits of gentrification, for both landlords and renters.

In the end, it left the developer holding the bag when the music stopped.

@Ben Patel I had a feasibility study done with a 10 year pro-forma as well. 

In the end, if the had done a proper title study you would have found out about this problem.

Here's a post to help you with that: https://www.biggerpockets.com/member-blogs/10850/8...What's helpful is: getting intimately familiar with the market and studying it years back in addition to current development, comparing it with other markets to see the difference.

Sacrificing cash flow in the short term.I've got investors lined up for a 12 unit apartment building downtown and need this to work as a case study as proof.Any comments and suggestions are greatly appreciated 😀