You also need to check with the utility companies and get cost estimates from them for availability, fees, hookup charges, transformer and power line/power pole locations or relocation requirements, water, sewer,gas, cable etcYou will need ball park cost estimates from site work contractors for site work, roads, installation of utility lines etc.

I was going to get a hard money loan, but realized my purchase was too low, so I found a peer to peer that lends $15k or so to help boost your cash power to close a deal.

@Kris L. possibly. issue im having is this, hud184 loan requires i live in one of the units. so ill have to my share of rent to even get $4500/mo. with depreciation and or stagnation in this, seems that deals are far and few between. i want to move out of our apartment yet most deals look similar to those numbers. 1000 sq ft homes are selling for 200k and renting for 1200 at best. i cant leave this market so what am i to do?

This is a powerful tool if used correctly, but things can get ugly real fast if one doesn't have the proper financial backing and disclosures in place.

Hey @Jason Padgett, here's a blog you might find some value inhttps://www.biggerpockets.com/member-blogs/10191/67979-powerful-tax-advantages-of-commercial-multifamilyHope it's helpful!

However, the property in question is still in open probate with two power of attorneys.

Our mastermind will be unlike any other group and will require the ut-most engagement and accountability to the member, enabling you to become your best self and accountable to your real estate goals.If you are interested in joining then here is a link to the application process: Application Link HereMastermind Benefits:-Accountability of real estate goals-Help make successful decisions from other experience multifamily investors-Partnerships and powerful network -Grandiose thinking and new perspectives on investment-Feedback and support 

@Kade Bowie That is awesome that you are aware of the power of real estate so young!

The desktop version is even more powerful.

I am trying to show him the power of real estate and get him to invest!