My findings have led me to: Jacksonville, Tampa, and Austin.In my Jacksonville research I am seeing:- A trend that the market is moving away from the more expensive coastal areas and moving towards i-95 in Baker & Nassau county, as it is more affordable and provides easier access to downtown Jacksonville- There has been significant development in the counties directly south of Jacksonville including St.

The airport has a history with trying to stay open and eventually the city took it over, closing the crosswind runway much to the dismay of the home owners. 

What are the development costs ? 

Jim Ostler We are currently developing our portfolio in the Chicagoland area, as previous responses have said finding owners isn’t the easiest task but most owners who are up for this allow you to do this with multiple properties.

They will eventually break down and need repair or replaced.  

A general rule of thumb is 90 days at 90% occupied, but again, I would hold on to the seller finance as long as possible.If you are buying out the seller completely when you do eventually refi, yes, you will need to have some equity (whether that's your own, or another private investor / partner). 

Even if you eventually outsource it, how do you know it’s done properly?

In that scenario, a 4 plex would probably cover your mortgage with the other 3 units and then when you eventually move out and rent the 4th unit it will cash flow that much more for you.

You should develop your own rates based on the services provided.

Located in northern NJ and looking to wholesale contracts and eventually transition into a buy and hold strategy.