Check with the city or county planning and zoning department to get an idea if your concept will work, if you can build what you would like to build and what is required for all approvals including site plan, building permits, proffers, water/sewer tap fees, bonding requirements, inspections, setbacks, lot coverages, parking requirements, height restrictions, C/O process and time frame for all approvals.You also need to check with the utility companies and get an idea of availability and cost estimates from them for water, sewer, power, gas, cable, installation and connection requirements, tap fees, hookup charges, transformer location and relocation, power line and power pole relocation issues.

I thought it was an interesting concept and was curious to see if anyone has had any experience with it?

@Dan EngbersonBuying turnkey properties sounds great in concept but you will always have to manage the property manager.

Read this article: https://www.biggerpockets.com/...It gives a very interesting concept of equity splits with the down payment.

I was familiar with the concept of “raising money” from BiggerPockets so I understood the value of building this skill, when our partner suggested we should try raising the money to make this deal happen we we’re all game!

Yes, these shows have a place from a decorative and transformative concepts standpoint but not from an investment and strategy and factual standpoint.  

Concept: buy an old house, knock it down, build a new one and sell.

I've taken a course on Multifamily property analysis on Udemy and have a general grasp of the concepts and lingo.

@Steve Morris, Merriam-Webster.com wrote:"Definition of virtual: being on computer network"In the Virtual Assistant concept, the word "virtual" means "remote".

The reason is because of an IRC concept called the matching concept, in which you match expenses to the period in which they occur.