I pay $5000 for a new HVAC system for 1500 sq ft. about 2k for 650 sq ft unit furnace only.

miami you can build at the same cost per unit and sell at the same cost per unit in south miami dade in homestead, florida city right now. there are 10 different zoning and entitlement loopholes and lots are available from 75k-130k. miami does not have that old of housing stock it has more new deliveries than probably 95% of the state of florida. what are you talking about?

Investment Info:Large multi-family (5+ units) commercial investment investment.

Including a self-canceling clause in the note ensures the balance is forgiven upon the parent’s death.

Ask how many units they manage and how much experience they have.

I believe buildings with five or more units are classified as multi-family properties.

I let people do it if they’ll rent a batch of units.

Say, I have a potential client that has asked me to value a 7 unit apartment building.

Whether it’s reconfiguring layouts, adding square footage, or converting single-family homes into multi-unit rentals, the goal is to unlock value where others don’t see it.Distressed properties aren’t for everyone, but for those willing to put in the work, they offer some of the best returns in real estate. 

what would you think of a 14,600sqft 3 unit property in sailboat bend, off market, that is RMM25 zoned and has a nice single family and duplex behind it, half of the lot if empty so it can be developed or RV/trailer parking, for $1.1M?