We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract._________________________________________________________________________________________________________________________________________10/12/2024.

During a mobile home inspection, always check under every exterior window, as well as on the entire interior perimeter of a mobile home.

A larger multifamily build would generally be more cost efficient as you have less exterior footage and can combine MEP systems.

Consider targeting young professionals and small families who are looking for modern living spaces close to their workplaces and urban amenities.Property Analysis:Exterior and Structure:Materials: The exterior is clad in modern siding, likely a composite material or Hardie board, known for durability and low maintenance.

Needs some light exterior work (paint, caulk, broken vinyl siding).

Maintenance free exteriors.

Its a magnet for grifters and fools, and the "investing" equivilent of going to that crummy casino in National Lampoons Vegas Vacation (?)

Plan is to wall it off and convert to a 4br/2ba,  update existing bath and kitchen, new floors,  interior and exterior  paint.

Cost segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes.When a property is purchased, not only does it include a building structure, but it also includes all of its interior and exterior components.

Exterior maintenance and yard work are usually handled by someone else.