Developing an overview of the market may help answer many of these questions and dedicating time to observing the property is always beneficial.The Importance of Good Property ManagementHaving a reliable, reputable, and professional property management team is probably more critical with multifamily investments than with any other asset class.

One good professional development book is "It Takes What It Takes" by Trevor Moawad.

Also publicly listed but would rather find someone here in the niche.They are not developed.

So no utilities meant I budgeted for new HVAC and appliances and some level of electrical and plumbing repairs.  

See them ahead of time by doing 1 above, and develop an alternative finance mechanism or strategy.4. 

This meant making sure all pet food was stored in airtight sealed containers, keeping hay in containers, being diligent about not leaving food out and taking our trash timely, and also making sure a side door that was often left ajar was tightly closed to not allow an access point for pets.

Hi @Charles T Grimes I am a realtor and developer in southeast Florida.

I spent some time on research and decided that it would be a less sticky situation to  develop the land further and rent out the lot.

I am a luxury residential realtor in South Florida and also started selling commercial land to literally start from the ground up in educating myself on the development process.

In November another opportunity developed to purchase an office space building in the same area that included three current commercial tenants.