Just to clarify when I put down 20-25% my ROI is 6.5%ish with maintenance and vacancy baked in.

We divided that amount in half and gave each tenant a flat-rate monthly water bill.

I have a background in construction, I'm not a GC but I work for a large commercial GC at my day job and feel that this may give me potential leg up in this niche/ stratgey.The half-baked idea I have now is to build a container house duplex and live in it and rent out the other half.

I am looking at a deal just north of Houston that is 2 4-plexs on 1 lot, and I wanted to double check on cap ex and maintainence numbers.All city utilities, flat roofs, built in 1966, updates have been done, some new ac’s.

Put the lumber flat on the wall, centered above the window, and screw it into each stud that you find. 

I would like to specialize in multifamily 2 flats - 4 flats, as that’s what I’d like to eventually invest in myself.I'm not opposed to working on a team as long as I get to actively learn. 

Has anyone successfully rezoned a legal 2-flat into a legal 3-flat in Chicago?

A taupe that looks warm and lovely in one house could look green and flat in another.

Management costs seem high at 11% so you may have some of this baked in. 

It can be a flat fee or a percentage.