As indicated, if I needed the money I would refi and extract ~$700k (at 70% LTV). 

It's advisable to conduct thorough due diligence by visiting the area, speaking with local experts, and evaluating economic indicators to confirm the high demand and growth potential.I can provide you with more information on rates if you message me directly, or connect you with any one of these information sources.

Experience is the best indicator that an investor will take the project to the ARV.

The start indicates "Affirmative Habitability Requirement per 24 CFR 5.703(d) and NSPIRE Final Rule"Does that mean having a fridge and stove are requirements to qualify for Section 8?

A growing population indicates a healthy real estate market with potential for appreciation.2) Waterfront Properties: Cape Coral is a waterfront community with over 400 miles of navigable canals.

To follow these reports, it’s critical to understand how the metric is derived—in this case, there is a score given between 0 and 100, with 50 meaning stable, above 50 equating to expansion, and below 50 indicating a contraction.AuctionsLarge Treasury auctions, or large sales of new Treasury bonds by the United States federal government, have also had an effect on mortgage rates.

Definitely get the estoppel letters and copies of existing leases.Apartment complexes change hands frequently (if judging by the "under new management" is any indication) and I can assure you they don't kick everyone out and start from scratch.

From CSLB:This section defines what an owner-builder is and the laws surrounding the practice.An owner-builder is what the term indicates: a person owns the property and acts as their own general contractor on the job, and either does the work themselves or has employees (or subcontractors) working on the project.The work site must be their principal place of residence that they have occupied for 12 months prior to completion of the work.The homeowner cannot construct and then sell more than two structures during any three-year period.Getting a GC license and going Legit is pretty difficult.

Credit - A good indicator of if a borrower is going to meet their obligations is whether they have done so in the past.

Those waiting for a recession will be waiting for a LONG time...it isn't happening this economic cycle, the stubbornly high inflation rates indicate that.A few points above to reiterate: (1) real estate is LOCAL, while there may be some worrying trends nationally, the Harford County market is strong and will stay that way IMO, (2) timing the market is generally a fools errand if you have a long term outlook (if you're looking at short term investments then timing factors in more), (3) if you're looking for a place to live (not strictly an investment) then there are a lot of other important factors to consider.Bottom line is that if you have the means, and if you intend to own the place for 5 or more years, I personally wouldn't hesitate to jump in.