It's not the cost of the big ticket items that kills your budget, it's the loooong list of small tasks and receipts!

If one of the greatest investors of all time believes stocks are overvalued, this may be an opportune time to shed some risk and move into a more tangible asset like real estate.The Rochester housing market is a great place to consider for investment.

Given your credit score and ability to fund 25% of the purchase I don't foresee any obstacles you will face. 

Happy to send you the linkBest of Luck!

Also, I am a local Realtor, so if you have questions about the different areas of DFW, let me know..

I normally pick and choose the events I go to based on what will be discussed. 

What made you interested in investing in this type of deal?

Duplex or triplex with ADU does qualify for one of the f/f conventional products.  

Simply put, we start off with the As Repaired/Completed Value (ARV), then subtract from that number a reasonable profit, the rehab cost (scope of work), which we've gotten good at, a contingency reserve for any "unexpecteds", our cost of capital/carrying costs (interest and costs of the leverage used), and our costs/fees on the buy and sell sides of a flip.

Andrew, thank you for all of the great feedback, it gives me a lot to think about and look into!