A short time horizon means that even small movements in cash flows impacts the numbers significantly and thus they lose the glamour they would have if they were being held longer3.

No use worrying about what you can't control... this isn't like "don't quit your job" or "don't finance a new car" where you can do - or not do - something that will impact the final outcome.

The impact fees are only charged on added square footage, so if you build back the same (or smaller) house there are no fire, school, and area impact fees. 

Also any recommendations on brands and general price ranges would be great.I was told I should plan on getting a decent impact drill/wrench, but that's all I've got planned so far (besides basics: hammer, tape measurer, etc)Thanks!

That makes me proud and happy to be a part of my city’s revitalization, however small my part may be.My Pros and Cons:3 Pros:Price points are low even as the city's economy is growing in many sectorsROR (12%-18%)Lots of solid brick, historic and craftsman buildings3 Cons:Hot, muggy summers and cold icy, wintersYou need to know the city to be sure you're investing in a safe area; two blocks one way can be completely differentRacial tensions; one of the most segregated cities in the USAs real estate investors I think we must be business people and also dreamers, whether the dream is about the impact we want to have on our community or our own lives.

You have to vet the source and make sure what you are learning is correct.Next once you have determined you have the correct knowledge you need to implement it to have an impact in your life.Example: You could read the best exercise book in the world but until you place in action the newly learned accurate knowledge is going to waste.    

Frequently Asked Questions About Paying Off a Mortgage EarlyNote that in the tax discussion the type of investment you make drives whether or not taxes impact the discussion.  

You can play a bit with the discount rate; it has a huge impact.

I am curious to see the impact of foreign capital (ebbing and flowing) for markets like NYC and SF.

I never took securities law in law school but I actually did a presentation on how crowdfunding could impact the growth of franchises while taking Franchise Law.