Does price per square ft factor or is it just ARV.

Most times landlords don't have data or cannot adequately factor in vacancy time or turnover rate.

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

I could complete the main road in phases, build 2-3 at a time (could do more really as we have 15 right now actively being built but realistically not sure how fast it’ll sell.

FICO, experience, and LTV are also factors but this is the basis of the loan.

You might find that installing a mini-split system, properly insulating, and ensuring the finishes match the main home’s quality will make a difference in how the appraiser views it.

What’s your main goal—cash flow, appreciation, or both?

This has to do mainly with the timing of property tax payments for your own home (not for your investment properties) and your charitable donations.

2) Maintenance Reserves: So many factors here to consider!

The main reason for this is to continue to do medical missions around the world  even when I'm dead.