Properties in this range provide enough rental income to potentially cover your entire mortgage, and you can work towards a BRRR as you slowly renovate the units on your own time.Happy to connect and talk about all your options!

I'm guessing you'll spend at least $150,000 more on taxes and insurance, which puts you at $400,000 a year in expenses for a property with a gross income of $360,000.

I think you need to focus on your career.

This is because I make good decisions on the front end by doing my due diligence.

I realized that there are very few lenders willing to lend on a property under $100K. 

Yep, we have a few on our sites.

Of course these are also just general rules, construction costs will vary greatly dependent on site conditions and design.Most material costs, insurance costs, permitting, licenisng etc. don't deviate greatly depending on where exactly in the city you build and unfourtnately, most of the in-fill opportunties are in the neighborhoods that can't achieve the required pricing to make the cost of new construction pencil.

Nice play, congrats on the deal.

By this time Joyce and myself and became close friends I thought and would talk to each other daily on the phone as a sexually active couple would .

It all depends on location .