dude, we're building our first duplex and are saving $7000 by NOT using HVAC.

bump this up to 4 units no reason to only build 2. you could go vertical on top of this 2 more. switch to asphalt. save every penny you can where you can. we build triplexes in columbus ohio ground up and similar structure. mostly urban core where the numbers are the best 

Leverage private lenders and seller financing to avoid draining cash reserves.

Save that money for a good home inspection that includes a sewer scope.They understand the law but typically do not understand real estate transactions well.

It seems as if you got the money off the deal, is whatever you saved should cover the expense.If you're in the business for the long term, and you do the right things, you will stay in business Gino

For my first LLC to save costs, I did it by myself.  

On the other hand, there’s a part of me that wants to just keep slow and steady without leveraging more debt and buy properties as I can save a 20% down payments.

Also, depending on your network from BPCON, see if anyone has connections to private lenders willing to do higher leverage, especially for strong deals like yours with a solid ARV.

Investment Info:Other private money loan investment in Randalia.

Is intentionally inflating a payoff a form of fraud - not an attorney but we do private lending and if you misrepresent the loan amount intentionally yes its fraud.