Quote from @Marcus Ball: After struggling with local rehab properties in California, I switched to build-to-rent developers and chose a 1031 exchange.

I am a developer & land specialist in Florida.

Unfortunately, bed bugs can be in a house for 9 weeks before a full blown infestation develops and they're found by bites. 

It is the State capital, there is a lot of economic development, economic development creates jobs, jobs drive demand for housing, demand for housing supports increasing rents and property values.

Keep the letter short and include photos.Third, consider connecting with local builders or developers.

@Matthew BonaskiAbsolutely, and that perspective aligns perfectly with how real expertise is developed in our industry.

Once a builder/developer can get a TRUE bank loan there is no going back to any other source.

It's really not that hard to keep ongoing books (investing an hour every couple of weeks) and records (Quickbooks or some other software...provided your on top of it).

Today those properties are some of my best performing rentals and reopened my eyes to long term rental ownership.Everything I do is still heavy value add or ground up development but holding long term has changed how I underwrite and design projects compared to a scenario where the real estate is sold immediately after completion.First, I can justify using higher quality and more durable fixtures and materials.

Love seeing architects make the leap into development and investing — your background in design and construction already gives you a huge edge.