Could work for others if the units are similar (ie not mixing 1 bedroom with 2 bedroom units).

The areas just around Tesla are a mix of fairly lower-income neighborhoods, scrubby land, mixed with affordable brand new construction.

This could all have been handled by a sweet mix of baby shark and Alvin and the chipmunks on repeat at just below the legal limit of a noise complaint.  

I’ve been thinking of moving back to my parents but I keep getting mix responses from people.

I welcome any and all questions for clarification.In 2020 we purchased 110 units/properties18 single family homes (in Arizona and North Carolina)1 6-plex1 12-plexand 5 small mobile home parks (74 units)Total cost to purchase the properties 3.76 million (most of which was a mix of hard money at 12%, private money, seller carry, and a little of our own money).Closing costs on both sides of the refinances were roughly 150k.Total spent on rehab was 535k.Money costs on single family properties was roughly 80k (I'm excluding the multi family and the parks because they rents of the tenants paid the tenants on the multi family covered the costs of the hard money and private money). 

I think you're alluding to a good point in that it's risky to mix business and family!

For the price of $50K, we would get 50+ lots ( mix of single family and townhome) from the town but we would need to finish out the infrastructure in prior to building homes.

This way you’ll have a mix of free and clear properties along with taking advantage of cheap money.

In fact — and here’s the twist — it was Taix’s own idea to remake the site into a new, large, mixed-use development, with housing on top floors and room for a smaller, more profitable restaurant on the ground floor.

Commercial space - The 203k will allow you to buy mixed-use residential but the rehab money cannot be used to rehab the commercial space.