Based on the data I saw from ABOR the median price YoY (2023 to 2024) was slightly up (around 2%) and the rent was flat to slightly down.

@Martin Manning To add onto what others have shared, in the most simplistic terms, apartment complex values are based on Net Operating Income, or NOI, and the cap rate.Price = NOI / Cap RateSo, if an apartment complex has an NOI of $100,000 and a market cap rate of 10%, the value is $1,000,000.Listing agents for complexes love to price based on a pro-forma, which is utter nonsense (unless you're in Austin, in which case apartment complexes apparently have floors made of gold).

.- Negotiated sales price $3.2 (seller financed)- 30% DP @ 7% / 20rs.

Purchase price: $645,000 Cash invested: $516,000 80% cash purchase.2,437 sq ft Duplex, with 3b 2b for the front unit (1331), 4b 2b for the back unit (1333).   

If you don't see real appreciation upside (both price and rent), it's just not worth the hassle.

In addition, if housing prices do dip (they inevitably cycle), having real estate in your portfolio could be a big win.3.

In my area, they charge transfer tax on the assessed value rather than the LOW sale price.

The price-to-rent ratio makes sense from an investment standpoint, but further research is needed to identify whether those respective areas will prosper.

Step 1: Get preapproved for an FHA loan for the purchase price you are looking for.Step 2: Connect with builders until you find a few that will finance the construction of your home. 

On the other hand, with an appraisal near the purchase price, that should be enough in this case.