The good buildings are mainly owned by REIT, Real Estate Trust and owned for more than 20 years and the investors are lawyers, doctors and business men that are not hurting.Filipe

I literally had to look down and walk inch by inch to get anywhere so I wouldn't step on something.Neighbors came by next door and I told them they couldn't come inside but they saw from outside of main entry door and couldn't believe it.

My wife and I have been part time RE investors for a few years now doing mainly flips.

And it has 2 bathrooms on the main floor.

I agree about getting into an existing property to learn the ropes before jumping into a development, which I am planning to do early this year.Colin- yes I am very familiar with Jonathan Segal's work- he is one of the main reasons I started thinking about real estate development and being my own client.

when I had low income/section 8 rentals the main thing is keeping costs down.

It's just that the quantities of data have gotten bigger as computing power has increased.My first tech startup attempt was a model that would run a huge number of feature films through a system that would capture things light and sound frequencies, cut rate, and loads of other data points, then correlate that to global sales figures, then allow independent filmmakers to run THEIR film through the same program and generate marketing insights.

My target area at the time is mainly "ARKANSAS", although, I do a few other states.

I would much rather have rentals outside of an HOA, as these add additional costs and limit your flexibility with the property (have to send any exterior decisions to a committee, sometimes cannot rent OR can have ability to rent revoked by committee vote).Aside from that, the main things I see are 40K for 1 property grossing $675/mo or 2 properties for 45K grossing $1000/mo.

Its safe to say that I live in a cheaper area of the state.This particular place is not in a bad neighborhood and is acctually just barely outside the main part of the city, less than 2 miles.