And the market conditions are unwelcoming (physically distressed inventory, difficulties with Ogden City, and poor tenant pool). 

So, the total parcel should be worth $750,000 - $900,000 before building the new duplexes.My local housing market: In a small city of 33,000 growing at 1% a year, constrained by a housing shortage.

I am able to find clients who would be interested in buying properties in other states -  for example New York, Florida, Texas or Ohio. 

Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes 23007 55th Ave W, Mountlake Terrace – 7 townhouses in a walking distance from thelight rail station, in planning stages with the city of Mountlake Terrace, WA

Hello Elena, If you go to NARPM.org, you will be able to search residential property management's by city.

Also, Fresno, CA is in the top 10% of US housing markets for appreciation, at ~9% annually over past 10 years and expected to continue given the growth we have seen here, proximity to big cities in CA, cost of living relative to the big cities, high-speed rail to LA stopping here when complete, etc.

Austin recently was listed as No. 1 on USA Today Blueprint's list of the best cities to start a new business.

All the documents need to be uploaded in the accela https://aca-prod.accela.com/COC/Default.aspxMore Details can be found on the city website.

@Henry Lazerow you should include the city where this 4-unit is located.

As far as sourcing the lot, dealing with zoning or the city on new construction permits, engineering plans, etc.