For a lot of things you can just look up material costs and assume the same for labor. 50% material and 50% labor holds roughly true for the entire project, at least for me here in Milwaukee, your labor cost will probably be higher in the Bay Area.100-125k spread would be tight, even for me here in Milwaukee.

RE investing is a numbers game so the more properties/options you look at, the higher the likelihood you'll land a good deal in a shorter amount of time.Only 6% of Suffolk 2-4 family properties listed since '23 have been triplexes and quads. 

I always got the impression that he had a bad criminal record or never got his high school diploma/ GED equivalent or some other issue was preventing him from getting a license, because he was basically just brokering without a license but calling it consulting (I don't know any of that to be true for the record, that was just the impression that I got from his comments and might explain why he used a fake name?). 

. #5 hits the most for me, as I’ve had and have many clients that either exit as a refi or a sale, but don’t consider the future value/costs based on that true future value or completion timelines.

@Ken Halef very true that's it hard to find something worthwhile on market these days. 

Quote from @Dongzi Wu: I heard Chimene's personal bankruptcy has been denied, the receiver Charlie will have a meeting with victims early September, make sure you contacted Charlie and he will notify you about the meeting.Do you know if true I thought next meeting to decide that was Sept 6 

You can utilize hard money for a BRRR or flip to get into the game. 

Tell us some more about the house hack is it a true multi family or are you just rocking with roomates? 

I am looking to get into the real estate game early and learn as much as possible, especially about house hacking and possibly short-term rentals.

Congrats - do you ever think you'll expand a buy a true standalone STR of just happy with this current situation?