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Updated over 7 years ago,
Multi-Family New Construction
I'm curious if anyone has had any success in multi-family new construction units. My location offers reasonable lot prices along with extremely reasonable construction prices. I have the idea in my head of building a duplex in a high demand area and living in one half and renting the other half for a year. Following that turn around and repeat the process again, while holding on to the first home and renting out both sides. The idea interests me because I would get the much needed landlord experience I need while I shouldn't have any major repairs for 15+ years on the new construction.
Any input would be greatly appreciated, just thought I would toss the idea around with some of you before I go into extreme number crunching. Thanks!