It’s a 2/1 main house with an attached 1/1 unit, sitting at roughly 1,800–2,000 sq. ft.

You can usually request this from a title company or look into public records in your county’s clerk or recorder’s office.If you’re not sure how to navigate this, contacting the auction house or a real estate attorney familiar with foreclosure auctions can help ensure there aren’t surprises.

I'm certainly cognizant of the risks of managing a property remotely (my wife and I did rent out our Chicagoland house for a couple years while living in STL).

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k Darnell, did you get your questions answered?

But you should be able to target that upper demographic segment and still move a house in a few months if you are in the correct markets.

So house for house, apartment building for apartment building.Have your parents considered renting the house they are living in for two years and moving back into the rental unit for 25 months.

Once you graduate and have a steady income, consider house hacking as a beginner-friendly strategy—buying a small multifamily property, living in one unit, and renting out the others to offset your mortgage.

Everything in house.

Otherwise you could end up owing more than what the house is worth, which a lot of investors are struggling with now. 

Quote from @Roger Flot: I was reviewing some renovated listings in my area and one indicated that even though the house was originally built in 1920, because of all the renovations bringing the house to current code, that you could get 2024 rates on insurance.