When those specific nuisances are cleared, that can remove the impediment to value creation and prices shoot up.As for value extraction from this process, you can do your piece to help it along by buying a rental with an eye toward long-term price increase.

Drawbacks are lower gross income and lower equity creation on the property.Building the 11 units would potentially net $6k per month, but its a huge investment upfront, with no recouping of the investment until we sell the property.

Put a total of ~$34k more into it (renovations, LLC creation, splitting commission, all closing costs, all ancillary costs etc).

You’re point about wealth creation is probably the single most important reason to buy real estate.  

This is only taking into account the cash flow, not the other forms of wealth creation below, which would further add to my ROI. 

Included in our membership, is the creation of an LLC, free of charge.

How does the creation of the LLC in NV 'trump' one in CT or NY?

Influence wealth creation

So systems creation and team building are my BIG tasks... 

Home-buying expert Liz Hutz notes that the two main drivers of home price increases are economic growth and job creation, both of which have enjoyed a torrid pace in Texas.