Think if someone like Public Storage builds next door. 

I have some other questions for you to build context if so.

I had to drop a rental by about 10% and an apartment building I'm invested in that we were helping to lease up we had to drop 25%.

This deal aligned perfectly with my strategy to build equity and cash flow while leveraging hard money financing and refinance opportunities.

I'm looking to build a Casita/poolhouse for use as a short term rental in Summerlin.

I also work with a team that helps cash buyers execute the BRRRR strategy or build rental portfolios, making it as seamless as possible for out-of-state investors.Best of luck, and let me know if you have any specific questions!

Still have to build stairs to top, install roof, plaster/paint inside outside, run electric, tile floors, build/install cabinets and doors, build porches, order and install windows. 

You want to build a relationship.  

Quote from @Robyn Henderson: My family's 3 unit prewar building in Brooklyn recently had plumbing issues and I'm debating renovating each of the bathrooms.

In my 30 years doing this I’ve found that as long as you address each issue that comes up properly and do the repair needed to bring that part of the building up to current code then you will be fine.