Property #1: Found a 3100 square foot duplex that needed some tlc but for the right price I could afford the repairs.

If you can visit in person it's often pretty apparent through how sound travels and the feeling under foot if it's concrete slab or not.

My build permit checklist has no sign off on from the inspector for the footings and stem walls.

Everyone has to start somewhere but because it is an asset backed loan, I would do my best to present both the deal analytics and myself/my business with the best foot forward when I first introduce myself to the lender.Best of luck!

Latest Data On Houston Market From RECONHouston Housing Market Has Strongest January On RecordHOUSTON (Realty News Report) – The new year started off on the right foot as local Realtors had the strongest January ever.The Houston Association of Realtors (HAR) reported 4,469 single-family home sales in January, up 8.9 percent from the 4,104 sales in January of last year.Housing inventory was unchanged from the 3.3-months supply a year earlier.

But it's a difficult puzzle to solve: cash flow per square foot is just higher for smaller units.

That being said, of course I never even bothered stepping foot in a bank or mortgage office with my deals...LOL. 

Just curious if anyone has any recommendations  Bingo!

I’m not sure if you have any insights as to the construction cost, but one nicer home was built in the area and it sold for $78 a square foot, which I think would be close to the cost of building one.

It's on a 7700 square foot that we believe is zoned R2.