There are a lot of factors to take into consideration when drastically changing the blueprint, especially from an under writing perspective.

The other consideration is the opportunity cost of buying just for appreciation.  

This approach can be more passive and carries considerably less risk than undertaking new developments or flipping properties.

That is probably a valid consideration.

thank you for your time and consideration ~Ace

However, this can be contrasted to a considerably lower rate in those segments with college degrees and further educational attainment, which is supported by lower median income of $34,748 in 28301 and $54,444 in 28304 compared to $66,778 in 28305 and $61,053 in 28306.

As far as your cashflow goes, you need to take into consideration a lot more than just the mortgage, insurance, and HOA.

Of course, there are construction considerations building on concrete, but nothing that can't be managed.

Thanks for emphasizing some of those other benefits to my overall net worth as well as lifestyle considerations as well! 

From my experience, HD Supply Home Improvement Solutions was considerably inexpensive compared to anywhere, even Lowes and Home Depot.