@Kyle Rucker- thanks ....you will have a tough time locating a 2nd loan for  180K +  ....Ask the realtor you are working with for options ...Make sure that the lender holding the FHA loan will be able to approve your assumption  request  ( this can be a long drawn out step ) .....if you do find a 2nd mtg - compare the fha loan and 2nd mtg  to a  simple new FHA or conventional loan as there may not be a large difference 

Personally, I would start by getting a proposal from a builder to build the home and compare that to your estimated selling price to see what your profit would be. 

The only reason that you are requested to order a comparable rent schedule appraisal is because the lender needs to see what the market rent is for that specific investment property.

The peace of mind and seamless transactions are far more valuable than squeezing out a few extra dollars from a deal that could fall apart at any moment.Real estate isn’t just about the highest bid; it’s about the relationships and reliability that ensure deals are closed efficiently and without unnecessary stress.

Do y'all have any advice relating to how to have more reliable estimates and how to find sub-markets in areas?

I know Brian will personally talk with you by phone and you can compare him with the others.

Comparing a few options can really help.Let me know if you want to talk more about this or need any help!

We do this type of analysis in Reno, but instead of going one property at a time, we do it for the entire market simultaneously, so our clients can see the best deals based on potential cash flow and compare them to others in the market. 

These are typically more expensive but can be more profitable.Condominiums and Townhouses: These can be lower maintenance compared to single-family homes and multi-family properties, as HOA fees often cover exterior maintenance.

Major employers like NASA and Redstone Arsenal make Huntsville a stable market for real estate investment.Housing Market:Home prices in Huntsville have been steadily increasing, yet remain affordable compared to national averages.