Google search gives me these super wide ranges and mostly talking about adding a bedroom in a SFH, which I'm not sure if applicable to this situation of "moving/subtracting a bedroom from one unit and add it to another unit in a duplex". 

Otherwise, it looks like you may have 1031'd into "bad investments" for the tax deferment but are now eating the cash flow as a result. 

Anything not actually apart of your main house (or a basement that is below grade) is considered Additional Square Footage and will have a fraction of the value per sqft as compared to GLA. 

Additionally, I have a broader vision for developing the land behind the property, which is currently in progress, creating additional opportunities for long-term rental income and growth.

hi guys,I have saved a 20% downpayment a property but struggling to save the remaining 65K for fixing the property up.Example, the property cost 150K, I saved up 35k, but struggling to save up an additional 65K to do the rehab (my understanding the lender will not give me the rehab money right away, I have to pay my own money to start rehabbing and the lender then will reimburse me in stages the rehab portion)Correct?

@Heath Shepard I'm not familiar with the builder, however, with this being a new construction CBS build, there's little to worry about regarding hurricanes and additional protection.

Hey All,Quick question, this may be a standard strategy, but what is the best plan when you start thinking about retirement and you own real estate.You can't eat equity.

The job could have scaled up and he went forward without communicating with you which is a big no no and may be he should eat some of the costs due to the miscommunication.

As a result, I’m uncertain if any of the properties have illegal additions or modifications.

Going on a limb and estimating 50k, and additional 10k, to the budget.