@Chris Martin thank you for the reference and approximate association to national rates.

With a lower median income but active market conditions, focusing on value-driven renovations that enhance living quality without the high-end price tag could be most effective here.Veterans make up notable portions of the population in certain areas, such as in zip code 13206 where approximately 8.04% of the population are veterans.

Approximately $3,750 per month, principal and interest.

Please note, based on the numbers provided you will not be cash flowing. 154k loan amount - 30Y fixed  4k in annual taxes & Insurance 7.75% Rate Monthly PITI Payment = $1,436.60Your estimated rental income is only 1k-1.4k per month.

Does anyone have an estimate for how much it would cost to build a duplex or 4plex in Bradenton? 

They can provide you with a cost estimate and help you plan out the build from start to finish.

I suggest using the one in the biggerpockets tools for a rough estimate.

The lender will need to send an appraisal out to see what the estimated ARV (after repair value), in order to make sure that the ARV is above the cost acquired for that house + land.

You can see the tax information and HOA estimates on there!

Speak to a few hard money lenders for their terms and you can estimate their charges.