Purchase price: $9,100 Cash invested: $9,100 Potential developer property to build and flip

If you’re not able to find a PM or cohost you could always build the team yourself while still living in the area and set up the operations to be fairly automated.

These buildings are VERY old and require a lot of maintenance/capex.You can find great deals in all of the listed areas.

Watch out for build-up of humidity.

The building department can be difficult fyi. 

My cost basis was originally 202K for the building plus about 30K improvements.

Building Codes and Permits: Insights on navigating local building codes and securing permits for this type of conversion would be incredibly helpful.Potential Pitfalls: Are there any common issues or unforeseen challenges I should be aware of when undertaking a project like this?

Does this mean I could build a structure such as a pergola or shed closer than 20 feet?

We've found the traditional "live in one half and rent out the other" is a little bit more difficult to accomplish these days but we've had luck pivoting to buying a single family home with an in law suite with separate access.

I am unsure if i am suppose to list each unit as a property or each building as a property.