Hi, I was supposed to close on a 20 unit building and 30 min prior to close, during walkthrough, we discovered a foot of sewage in the basement of the property.

The high end market has slowed down, but the property is actually cheaper than some comps in the building on a per foot basis and actually has a very nice view. 

You really need to know how many square ( 10x 10ft ) the foot is to give you a better idea.

@Brandi Jones Good morning Brandi,From my research, Macon’s ranging average is about $77-$83/square foot.

What would you say is the maximum amount of units you could possibly build on a 9,910 square foot lot?

Your small rent per square foot will be eaten up by expenses per square foot.A. 

In general, most larger developers will want a mix of units, with two-bedrooms being roughly 50% or more of the development.  1BRs would be 20% and 3BRs were 10% or less (per square foot the 1BRs make the most sense, but they are a little harder to rent on the average and have higher turnover).  

The point about a fire etc wiping the place out is an interesting one because of it was paid via insurance to be rebuilt they would absolutely build it as a duplex, & if you bought based on a 4 unit income and still have to foot that bill, that is a laaaarge problem

Its a 3/2, 1,280 square foot single-wide MH, 1999 Fleetwood. 

Then ask your clients if you can use their reviews as testimonials on all of your marketing material along with their first/last name, and city.Got to get started on the right foot!