If there is a lot of upside in the deal, and cashflow is still positive I think that's worthy of consideration.

@Aaron Dominy   Building supply chains have eased considerably in the past 2 months, thus the time-frame to build in Galveston has shortened.

Exhaust fans aren't required by code here, and honestly it would be really hard to put one in that was the required height above the range due to the sloping ceilings.So, in short, I would really like to put an electric stove up there and have the gas line capped off before the new tenant moves in.

This years higher than normal W-2 income coupled with the idea of being able to save a few bucks on tax has me giving more serious consideration to this idea. 

They are good tenants and you should continue treating them with the respect and consideration of nice neighbor. 

He is definitely the best I've experienced in Wholesale education, and I gained considerable knowledge from the Pretty House and Lease/Options bootcamp, too.

Real estate in most scenarios is not a "burning much money" type of investment unless you are buying property that needs considerable work.

Wonder if anyone has run into the issue I'm havingMy wife and her parents went in on a duplex together and the three of them are all on the title and loan.My wife and I are in escrow on a house in Citrus Heights.

I'd recommend pushing density to 3 or 4 they all finance the same. we picked 3 because of the 35' height allowance in our area. here is a rendering to help paint the picture. our target appraisal value is 550k on the first few and pushing them to more than 600k as we sell some or keep them but if you are the only one building multifamily it's important to highlight the importance of appraisal and selling or disposing of some assets to create comparable to be used. our market has very little 2-4 units built because of economies of scale we are the only builder doing this style and we control the full process and it is a high barrier to entry where we are at. we are able to build at a lower cost now than almost buying a duplex because they are so small. each one is 668 sq ft total of 2004 sq ft. 

This should be considerably less expensive.