Maybe it cost double that amount?

I like duplexes as well, yet part of the puzzle is incorporating the 3 affordable housing units (2 bedroom).

I would have to double check with the lenders I work with.

I am currently in the process of 'mini' syndication of a 12-unit new build.

The system in my multifamily building is that we have individual fire alarms in bedrooms and kitchens of each unit - those alarms are not wired to the central system.

Eg if the bedrooms are all upstairs and the only bathroom is on the on the same level, then adding a half bath to the main floor would be handy as guests wouldn't have to go upstairs to use it.

Right now, a reasonable estimate is a low double-digits interest rate (say 11%-14% for example) with a few origination points (say 2%-3% for example).

Also, put any repairs pointed out by the inspector into the following categories (by priority)1) Health & Safety - to avoid tenant injury and potential lawsuits2) Property Preservation - to stop further costlier damages3) Government Required - city inspection repairs & S84) Marketing Negative Impact - who'll rent a house with purple bedrooms?

I installed a mini-split HVAC in one of my units a few months ago.

One young agent said "I am not doing double the work and only get half the pay".