Curb your risk by curbing your investment size.

If not, ask about the process for a variance or rezoning.Subdivision rules – confirm the minimum lot size in your town/county and if your 2–3 acres could be split.

.📍 Market & Property CriteriaGrowing employment hub, not speculative boomtown — jobs, infrastructure, population growth pushing demand.Strong fundamentals in the micro-market: school quality, access to transit, retail & amenities nearby.Property type: modest-sized multi-unit (2–4 units) or a duplex/quadplex if possible — more upside and flexibility, but still manageable.Condition: sound structure, minor cosmetic upgrades okay, but nothing major like foundation or systems overhaul on Day 1.💰 Financing & Risk ControlUse leverage smartly, keep reserves.

There are buyers that want specific room sizes....my furniture will only fit in a bedroom X x X size or larger, or I need a living room bigger than X x X. 

There's not a one size fits all answer.If it’s a newer rehab or a turnkey, you can usually get away with leaning lighter.

Question 4 - having just done a pool ROI analysis for a client - its hard to say without specifics (type of heater, size, etc).

Do you have experience managing similar BUSINESSES - an operation this size is a BUSINESS as much or more than an investment. 

In some products you cannot refi or sell one of the properties so even when you want to sell you need to sell in the same package which reduces your market size. and if you can refi or sell, it is not easy as you will have to potentially pay down principal and have appraisal's done on all the other properties left to maintain the required loan to value. and you are not saving much on a transaction cost because you will still need title and appraisal's on all properties etc.

@Svit Kovacevic You can call planning/zoning in the city to inquire about what could be built there, given the size, adjacent properties, utilities, etc.

When you picture your very first investment, do you see yourself starting small with one unit, or jumping straight into a multifamily or flip?