Looking for high equity growth areas is a bit of a gamble.

Purchase price: $4,100,000 Cash invested: $2,000,000 79 unit value add apartment complex with roughly 800k in cap ex completed What made you interested in investing in this type of deal?

Or is that actual so you have the ability to add more to the bottom line? 

For a long term hold, time and my value add will create my spread. 

Purchase price: $690,000 Cash invested: $172,500 Took a gamble on a larger single family home in an up and coming master planned community.

Fast forward 2 years his landlord mentioned in passing he might sell the property; I was the first person on his mind.

I used the excess funds to add an ADU via a build-to-suit exchange.

There is a gamble there that the second appraisal comes in at or below the first.

There is only one listing on market for $24/ft.

On insurance side of things, there is a lot of variables.