Painting was going to be about 8k, and the building still would've looked like junk afterwards because aluminum siding dents so easily. 

By doing this, not only are you increasing the value hopefully building you some equity (giving you some boost in your net worth) but also increase rental potential too. 

Hoping for $325,000 for the build (budgeting for $400,000 with overages).

Cash flow approximately 350 a month.Option 2: Use the cash to buy land to build a 6 bed 4 bath duplex, all in cost approximately 300k/330k. 

Bonus Tip: If this quadruplex is out of state, I’d highly recommend building a reliable local team (cleaners, handymen, etc.) and maybe consider hiring a co-host or VA to help with day-to-day tasks, especially if you scale up. 

It makes sense for your new build but you'll have leverage something (fixed rate) to get out of that loan. 

We are currently building many investment Single Family Homes on independent lots that focus on maximizing rent.

Additionally, we have a decent amount invested in retirement accounts, which we plan to continue building over time.As part of the move, we’ll be purchasing a larger home.

This applies even to the 100,001st question about LLCs vs Insurance.I recall a rule here prohibiting responses like, "This has been answered many times.

.• Creative Financing: Keep an open mind to creative financing strategies; sometimes thinking outside the traditional box can reveal opportunities others might overlook.On a related note, I help investors streamline their operations by generating quality leads and assisting with VA hiring, which might be useful as you build your team and network in the area.Looking forward to seeing your progress and sharing insights along the way.