The topic was how to make a million in RE in about 8 years. 

Long term, preserving the quality of life for locals and the community really has to be the #1 priority or else there really won't be anyone left to host and serve the millions of visitors every year.One other thing I can't help think is that this is all happening right before the gondola lots are developed.

I do a lot in Leesburg/Loudoun County, where a condo that costs $215k should fetch at least $1,600/mo in rent, maybe up to $1,800.Some posters here mention the long game being a decision maker for NOVA investors.

.- Population north of half a million (or if smaller cities roll them all up into one target "market")- Prices at or below median value for the area- Equity north of 35-40% (anything less and there isn't really enough room to sell at a discount)There are a zillion ways to win in this game, it's just a question of what works for you. 

If I did a Google search on Oak Street Properties, millions of results will be returned.

Investors lost millions in a ponzi scheme facilitated by a few individuals operating a local mortgage company Financial Resources, and many of the investors were recruited through the church connections of the founders. 

That's what I try to do in everything I post, and I hope everyone that answers my questions does the same for me.Finally, for new posters who are reading this: question everything and everyone, whether they have 1 vote or a million.

They plan on raising 50 million to start up and splitting fix and flip profits 50/50.

It also helps to have an experienced eye assessing the property for any repairs, etc that might be needed.It seems like there are a million condos for sale but many, especially near the water, don't allow rentals in the first year, if at all, so that eliminates a lot of properties from consideration. 

I do not have any hard numbers yet, but I'm looking to put about $1.1 million into the project with it being valued at ~$1.7 million after it is stabilized.