This includes structural components of the building.

if you are going to do things like include utilities, or have an off street parking spot, other amenities etc, there's no reason in my mind you couldn't "charge a premium" for a premium unit/service. 

Our interests include the BRRRR method, acquiring value-add multifamily properties, and even diving into full development projects.

Purchase price: $630,000 Cash invested: $120,000 Completely gutted this property, brand new electrical, furnace, propane, finished basement to create separate unit.New garage with rental unit.

Regarding the condo/townhome situation in Fort Myers vs Bonita Springs, I would say the more important things to focus on would be the association fees charged, what is included in those, and the rental restrictions of the association.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Basically, it was a 1980s block shell with a 2024 home inside, when we were finished.

Current monthly pymt is $2795 (including $640 escrow).

Lots of folks come up from Ventura County, including many who responded to your post. 

I really like having multiple opportunities to make income from 1 property, including a worst scenario of converting all the units to LTR.