get quotes, run the numbers.on the addition - it's almost definitely not worth it, i suspect the time to pay the costs back for the increase in rent might be decades or longer. 

If they are related within a 2nd degree of blood or marriage (sec. 5.062).An executory contract can be recorded the day after signing. 

Where population growth is stagnant or falling, the current housing supply is sufficient so there is little increase in prices.

Increasing your construction budget by a small amount can have an enormous impact on your overall construction budget, productivity and site safety/insurance premiums.

what I would do to decide if brrr method is the way to go-Assess the cost of necessary updates and improvements and compare them to the potential increase in your home's value.

@Jason Frink, this page seems to cover it:https://www.omglawfirm.com/arkansas-probate-intestate-succes...Here is a pertinent snippet from that page:If you don’t have a Will, the default order of descent goes like this: (1) full blood and adopted children of the decedent, subject to any dower, curtesy, and homestead interest of a spouse; (2) if no full blood or adopted children, then everything to a spouse of greater than three years or half of everything plus dower, curtesy, and homestead to a spouse of less than three years and the other half of everything to other heirs (per this table); (3) to the decedent’s parents or surviving siblings; (4) to the decedent’s grandparents or surviving aunts, uncles, cousins, etc.; (5) to the decedent’s great-grandparents or surviving great aunts, great uncles, etc.; (6) if none of those intermediate descendents are alive the remaining half can go to the spouse of less than three years or to a predeceased spouse’s heirs; (7) finally, if none of these apply, all the property escheats to the county where the decedent died.A good way to visualize the order is to imagine the following scenario: Alfred dies without a Will.

It’s showing as increasing the loan amount although monthly interest payment stays the same? 

Albeit, when we building materials started to increase significantly, that complicated things and we had to just keep going.You will lose MORE if you sell a half-built property, than if you take it to completion. 

The increase in property taxes, insurance, and maintenance/wear and tear may erase all of your gains and more. 

Unique features like land and outdoor amenities can add value, and utilities can increase rent.