What Don says captures most deals that ultimately looked to have been undervalued by the market, or current owners, but really were not. 

Are you vendor direct could be a lot cheaper on countertops, and could save you money..

Definitely make those assessments during inspection or prior to making an offer if you can to save yourself the time. 

This could save you as much or more than 10% to 17% of your (purchase price plus construction costs) up front.

Much of this analysis is based on the size of the land, how much it will cost to do the horizontal development, and then estimate the cost of the vertical build and ultimate value (aka "sale price")

I saved some money and decided to pull the plug in April 2024.

The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.

A buddy of mine here in San Diego once helped a first-time investor navigate an 8-unit purchase in Eugene, and over coffee in Old Town, he told me how the local property manager there saved them from a zoning hiccup that could’ve turned ugly.

Can you replace furnace, stove, etc with all electric and save 300 to 400 a month there? 

Quote from @Victor Lin: Hey all, I have been living in Seattle for a little over 2.5 years now and I like to think I know the North Seattle area pretty well and would like to finally begin my REI journey here.I am looking to connect with other new or experienced investors in the Seattle area to mutually learn off each other and ultimately just gain more knowledge.