My townhome development in WA was under 200k for 18-units to get full building and civil permits.So hypothetically, if you think it's worth 100k per door at preliminary approval before utilities and improvements maybe it'd be worth paying 50-60k per lot.

I am someone who learns by doing, and beside reading as many books as possible during this time I am looking for ways to get my foot in the door of real estate investing.

We are interested in a property next door to our current flip, but our funds are tied up in the current house.

I own 3 buildings (7 doors).

I have a coded front door so they can get in worst case through a code, but typically someone is home to let them in. 

I am just looking to getting my foot in the door with a multi-family so I have some experience.Thanks in advance! 

@Carlos LezEvacuation plan is a simple plan like you see on every hotel door.

Purchase price: $454,900 Cash invested: $150,0003Br 2.5Ba single garage.

I always take a picture of it posted to the door.

But larger repair items such as appliances and mechanical, plumbing, electrical, roof windows doors etc should still fall under the landlord's responsibility.