Then, after one or two trips into town you can use your agent to make offers on your behalf. 

I’d be interested to hear how people optimize their portfolio after achieving their desired scale.

We've reviewed commercial contracts for sellers, foreclosures (as trustee), construction litigation, and a good friend does ad valorem tax protests/litigation.

If all looks good, I suggest a one-year loan with one automatic one-year extension for another 2 points, subject to on-time payments, taxes & insurance paid, etc.

I wouldn't touch a 2 million dollar luxury home. the land cost at 400k is too much as a percentage of the after built value too. we try to underwrite 10% and normally try to buy land that has 5x multiple through zoning or entitlement for additional upside.

Or are yo hopping to sell all (4) townhomes after construction?

Hey @Jake Knight, I just posted on the Indy forum here but then also read this post after.

Hi,Could someone share any IRS experience or their stance on tax deductions changes that went into effect after 2017?

We hired an agent to get the property leased after not getting results at the 3-month vacancy mark. 

 Hello,I have 3 single family rental homes aprox net value after RE commissions-Closing costs for the total ($560,0000-580,000). these 3 are all paid off.