The process involves hiring an architect for plan submissions to the board.  

.#2 - You Don't Need to Just Buy a Property to Be Involved in Real EstateI've said this before in my other posts, but my experience have helped drill home this one very important point - If you don't have money or experience and you want to get involved in real estate, find a way to GIVE VALUE to others.

But when higher dollar transactions are involved, there are various methods of the value analysis.

Sad situation for everyone involved.

You have demonstrated your ability to save, coupled with the fact that your credit is excellent....You are on your way to achieving your RE investment goal.But, you might want to look outside of NY as well, so that you are not turned off completely from getting involved with RE investment because of the NY high priced market.Frankly, I myself have invested out of state because of this very reason.

I, for one, am excited to get more involved in the community.

You'd do better to get involved with a community bank interested in aggressive real estate lending.

@Joel CustodioMy team & I are heavily involved in the Cleveland market.

Also, I am concerned about how long it would take to recoup my money as well as the risk involved.

I can't wait to get more involved and chat with y'all as we all move toward success!