I have owned numerous businesses spanning 37 years, including marketing and management consulting, lawn care, landscaping nursery, horizontal directional drilling, heavy construction, and reclaimed wood.

What made this opportunity particularly enticing was my prior experience managing this exact duplex for the same investor over a span of three years.The property itself is a 1950s duplex that underwent significant renovations in 2017.

I intend to keep the property and recoup my entire investment + more.Here's a breakdown of the deal:Land Purchase: I secured the land for $200,000.Construction: The construction of this impressive 4-bd, 3-ba property spanning 1800 sq. ft. is estimated to cost around $600,000.Construction Financing: I've partnered with a lender, leveraging a construction loan disbursed in stages.

.$45,500 spent over 20 units in the span of a year comes to be $2,275/unit.

My trouble has often been my short attention span and SOS (shiny object syndrome). 

With my extensive background in construction and carpentry spanning over 15 years, I can offer you detailed insights and help you make the right decisions when it comes to selecting a contractor for your project.

@Michael Blank, we like Secondary markets in the Southeast that fly below the radar as well.Interesting you mention Huntsville, AL as an example - we started investing in Huntsville around 2019 and have done approximately 7 projects there (spanning ~1,100 units).

This is after averaging out the costs of 1) roof, mechanicals, siding, flooring, etc. and dividing by their life span then also subtracting general maintenance costs (handyman type stuff frozen pipes, etc.) you see each year.

The highest year in that 24 year span was 13.5%, and there was also a 11.3% and 10.3% yearly inflation.

All-in-all, it spans ~15 feet right to left. - Above the sliding door / balcony of this unit is another balcony for the unit above.