If you can get land for a good price and let's say build a modern quad with 1200 sqft 2 bed 2 bath units and garages for $200/sqft you are looking at about a million.

@Chinku Chinku the rich get rich by making their money work for them.They borrow at one rate, to invest in something that returns a higher rate - they profit on the difference.Only you can evaluate your risk tolerence though.

I recently signed up for BP and found the calculators on this site to be very helpful.  

Depends on if you have panels, crazy layouts, etc.

I stopped reading after your tenants letting people who are not on the lease live there.

@Alan Mills You mention contractors not keeping a time line , not General Contractor . 

If the house is listed on the MLS and everyone else has passed on it, then you didn't "find" it. 

One tenant is behind on rent and has still not paid December rent.I’m seeing mixed things online but looks like I have to file something by the 31st?

Not really sure how to go about financing but we're planning on having a down payment at or slightly above $100,000 and don't want to pay more than $3100ish per month. 

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