Welcome aboard- the podcast are great- but the forums are a valuable place not just to ask and answer questions, but generate new ideas or learn about things you might have never thought to ask about before.

Of course, over time inflation and rent increases make the investment more valuable and the property will produce a positive return that gets better every year.I also think anyone (like myself) will tell you that gimmicks like no money down and interest only as well as owner financed deals are all meant to favor the bank.  

Most wise business men and woman know the most valuable asset is time.

Thanks very much Rob, Clint, George for all your valuable advise and guidance.Rezone to built condo would be the most valuable options because the nearby condo's , which is almost 10 years old is priced between 225k - 250k for 1500sq feet. 

@David Sicherman @Steve Babiak & @Rick Harmon:Thank you all for your valuable feedback. 

Now B also has experience and, presumably, there will be situations where that experience will be valuable beyond just the value of the funding he brings. 

@Josh Mitchell That was one the most informative/valuable posts I have read.Thank you very much.

Also, valuable insight on the new construction.  

I think the 203k is really valuable in a multifamily scenario because of the low downpayment.

It's great that you are checking out the valuable resources here.