The ability to do cost segregation and bonus depreciation3.

To adapt, focus on refining your ARV and repair cost estimates, explore off-market deals, and consider creative financing strategies like seller financing or partnerships.

I'd have to see your overall layouts but I think you are on the right track. we build 3 story stacked triplexes and it's very efficient so don't be afraid to go up either. anytime you build more than 1 structure costs are much higher but if its just to offset mortgage and you want to be separate then I understand. 

Design happens to be one of my passions, and I’d love to help you brainstorm ideas or suggest some cost-effective design solutions that could work for your project.If you’d like, feel free to share some details about the style you’re aiming for or any preferences you have.

A $107k NOI with a 43% expense ratio is impressive, even with rising costs like taxes, insurance, and utilities.

Offering a maybe 10% discount will help grease the wheels and the cost is small.

Your construction skills can give you a significant advantage, allowing you to save on rehab costs or even flip properties for capital.

@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow. 

Not to mention the general PHX market has become expensive and people have already been looking for cost efficient alternatives in the northwest and southeast corners of the valley. 

No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.