I stumbled opon this website one day while looking up realestate investment strategies and have been lurking for 7 months or so before deciding to make my first post.....to say the least I am in need of advice with a game plan I am working on.BACKGROUNDI am a mechanical engineering student at my university and happened to get my foot in the door for the oil and gas industry specifically one of the largest refiners in the US.

If youd like to run your own numbers: I build at $120/sqft including engineering/architect for medium-high end finishes. 

If the carve out is $40k - that kind of throws a wrench in your engine.

I algorithmly have or understood niche you wrote.

My wife is also a Licensed Structural Engineer who can help out with anything in the structural dept.Looking forward to meeting everyone!

There is an engineering firm that will certify this and have the requirement removed for about $800.  

I am a 35 yr old senior engineer for a fortune 500 here in the Seattle area.  

@Brad Schultheiss  I know cars will go that kind of milage I had a 1978 300 SD Mercedes I bought brand new. and drove it 7 years and 200k miles then gave it to my parents who drove it until 1992 and almost 400k miles.. but at the end of the day the only thing that worked on it was the engine and transmission.. 20 years in a car and most parts were out.if you get a really good lease .. the payments will be less than owning.. given the resale value.. and residual on the lease.. you do need to know what your doing though so the car deale3r does not dupe you. plus when you buy new and trade in you NEVER spend a dime on maintance other than oil change on a modern car.. and now with tesla you don't even do that.

I hired an engineer who drew up a property plan and is meeting with the county to gain approval.

You can collect some nuggets of information by reverse engineering what others do, and you can learn some aspects of note investing through training programs, but 99.99% of us aren't equipped to create a real "business" out of notes.Most of the real players in the industry are spinoffs from big hedge funds who come in with crazy amounts of capital / low cost money.