Want to sell the cheaper lot but not sure how to figure the taxes. 

80 - 100K CAD .... so about 50 - 70K USD (maybe cheaper as these sorts of things are more expensive in Canada.That has a hydraulic lift and included the construction of the shaftway.Of course ... you can spend much more[Note:  I originally included a rang of 60 - 80K CAD (25 - 50K USD), but going back to the quotes we had last year to bolt a 4-stop onto an existing 4-story apartment building, the range is more like 80 - 110K CAD]   The 60-80K was for a 3-stop solution at another location.]

.: @Joseph Fennerinvest wherever you're locatedThe market is bad where I am and I would like to invest out of state where property prices are cheaper.

Since it is a duplex I would likely do whichever is cheaper.  

Out of state investing always sounds great because its a cheaper market but its cheaper for a reason and higher cap rates for a reason, perceived higher risk. 

One more interesting thing about this area is that vacation rentals are the only thing that you can actually build cheaper than buying outright.

They would be cheaper, but is it "you get what you paid for."

Prices are generally cheaper, there are no caps on rent increases and there are no property transfer taxes.

We are in the sunbelt states and they have performed great for all of our investors.I would be careful with the "riskiness" cheaper isnt always better.

But yes, self-insuring is cheaper, until you have a claim.