Just another angle to think of.There are also ways and banks you could go through where you'd probably have little money out of your pocket using a combo of your HELOC (for the down payment) and traditional financing to finance the purchase/reconstruction costs of a new property.Relianz (now Union State Bank) (Brian Berkley is who I dealt with) would be a local bank that would do that sort of thing.  

O yes it will help us a lot to feel like a homes  two sides of complexes.

What is the rehab cost difference in leaving it as a duplex vs tearing down the walls and reconstructing it?

I'd guess, with the stair reconstruction, finishing it off, adding a bathroom, we could easily spend $20k.

You have to replace those after so many years or reconstruct them if you have erosion and the aren't decorative.  

In the realm of more likely to get implemented though, the RTC is going to be doing a major reconstruction of Oddie Boulevard and put in a really nice cycletrack and large sidewalks.

Including demo and reconstruction it cost us $140-145K (~$75/sq ft).  

It went something like this: 3/2 SFH: Class A: Monthly Rent Class B: Class C: Class D: 2/1 SFHClass A: Class B: Class C:Class D: It would be great to reconstruct this from others experiences and possibly even come up with some rule of thumb data for Multifamily units.   

Doubled my initial investment and I really did not have to do much marketing since I was receiving inquires while I was in the reconstruction phase.

The case specifically stated that the taxpayers used wife's calendar and receipts to reconstruct the time and entries on both spreadsheets for the first half of 2014, and that for the second half of 2014, the time entries came from a contemporaneous log wife maintained on her phone on which she entered the date, location, time and description of each task she performed.