Hello everyone, I am an engineer working in the automotive industry and new to real estate investing.  

For more serious projects, we do an engineering-based cost seg with Cost Segregation Services. 

It's about half a square mile of pipes, electrical work, sensors, chemical reaction vessels and towers, storage tanks, etc. 

Insurance may be 1.25-1.5% of the value of the house. taxes are low.On the operating cost side, electricity may cost double what you are used to.Just my thoughts. 

And is electricity really just 20 bucks a month in the Florida summer?  

I offer a lot of development consulting since I have a background in Civil Engineering and Urban Planning.

Hello All, I am not sure if there is a rule of thumb to how much a design should cost but I received an estimate of $23K for Civil engineering work (site plan, storm drainage plan, site grading, soil erosion & utility plan), $25k for  Architectural and structural and $11K for MEP for 12 units townhouse (2 bed and 2.5 bath) on a slab. 

With funnels, always start with the end goal and reverse engineer it - if you do it the other way around you'll most likely build a lot of fancy, unnecessary clutter, which we don't want.What kind of leads are you going after and what's your main objective?

Quote from @Samuel Diouf: I think you need to look at different markets and really think about your goals and reverse engineer from there.

All electrical work requires a permit.