, do not forget you will be prolonging the sale for the 2-3 months it takes to build it and you will have mortgage payments and taxes to figure in holding costs for those months, which take away from that profit. best to get all your numbers and find out if the expenses are worth the return.

Its a Co-Op in an upcoming neighborhood in Chicago, IL and has a decent amount of units for a starter multi-family.  

I'll be closing on a large single family in Dorchester, MA (02124) next week.

Pay a lawyer to unify the family's now-divided interest and sell it as one unit?

My multi families are under 1 bill per building.

Do you have experience in single family, multi family, both?

A "closeish" family friend just got her license and I'm talking to her now about it.

Then move to single and/or multi-family units. 

Other alternatives for seed capital would be private financing from a friend or family member or partner up with someone who has the funds.

.- 5-20 unit multi-family apartment buildings- C- to B class areas (no war zones)-  off street parking-  distressed or turn key- all of RI and Eastern MAPlease contact me anytimeI also look to network with other local investors and enjoy bringing value to others.