That's something that I definitely have to keep in mind and have to strategize on more.

Looking to gain a better understanding of real estate markets in these cities, and strategize for purchasing rental investment single or multifamily properties, under $300K. 

Claude is one of our personal mentors/coaches for strategic selling and creative real estate, and has been instrumental in helping us enhance both our skills and mindset for success, and standing apart from other real estate professionals in our marketplace.

The cost of other (non-new construction) houses in the neighborhood have no relationship to the cost you'll incur to build a new house.Your costs will be based on a lot of factors:- Location- Level/type of finishes- Style of house- Size of house- Whether you GC it yourself or hire a builder- The types of contractors you use- Your negotiating ability- How strategic you are with your designs to keep costs downI've built houses for $60/sf, and I've built similar houses in other locations with different contractors for $90/sf. 

Nothing seemed to be like the descriptions and pictures of the place that I had seen prior to actually visiting the property.From the pictures I had seen, there was some work that needed to be done sure, but it seems like they were strategically taken to make it seem like there was much less work to be done than the reality!

Al are you moving from Shoeboxed because it isn't robust enough to keep detailed tracking of expenses per property or some other reason.  

Regardless of weather or not we eventually do rent it out, I am now finally ready to get back into the REI game and pursue it regularly, and build a robust portfolio of income producing properties.  

To make a long story short, cashed out on a duplex to deal another day.I'm back and I'm thinking more strategically. 

You just have to be strategic.

Innovative thinker, business strategist, passionate about real estate investing, and building strategic partnerships.