Purchase price: $450,000 Cash invested: $450,000 Developing property into new three unit residential.Looking for site surveyor for planning dept. review.Accepting proposals from architects/engineers for permit drawings.

However, I would be careful with the proposed tax hike.He will pay capital gain, not ordinary gain The gain that he will recognize with each year’s payments would be the recapture first.

If I were you, I'd find someone in your market doing exactly what you propose and learn from them.

Is that 17 percent on top of hotel and occupancy tax like California is proposing?

Using an FHA 203k loan for a rehab project requires additional steps including having a full proposal of the work to be done including cost estimates.

Begin proposing those deals to those handful of buyers to get their prices on houses you find. 

Also, a horse race track is proposed, along with a deSal plant in Moss Landing.  

Thanks for sharing those resources @Alex Saleeby@Minh Le here are some articles on Lamar University's expansion of buildings (both under construction and proposed) along with their record enrollment this last term.

We order from a cabinet firm, they site measure and propose the best layout, which requires experience.

Seems like they have a pretty deep rooted middle class African-American population, so what gentrification do some of you commenters propose to bring to the area?