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Updated about 4 years ago on . Most recent reply

Is This a Good Opportunity? Buy Lot 10k, Build Duplex, 20k/Yr
I know build costs are high these days, but I'm thinking about doing a very basic duplex with a blend of sub-contracting and doing some work ourselves (siding, drywall, painting). No garage, two story, side by side, two bedroom/1.5 or 2 bath.
Land cost is 10k and the duplex will generate 20k/yr.
Looking for input on if this is a feasible project with current material costs.
Thank you