We run multiple similar buildings in the same neighborhood and none of them are that much. 

I'm looking to build a 200k guesthouse in my backyard that will have good cashflow.

Baltimore Market Snapshot:Multifamily: Baltimore’s got a decent multifamily scene—median rents hover around $1,500-$1,800 for 2-3 unit properties, with Class B and C buildings in areas like East Baltimore or Hampden offering cash flow potential.

In my market - new build duplexes dont cash flow well but are typically a great 5-10 year investment. 

And on the commercial build out do you believe this to be an attractive feature to the renters and their customers.

Quote from @Alex Olson: Kansas City is a great market for Build to Rent and traditional garden style apartment complexes.  

These can help you build capital while gaining valuable experience.

My dad was a contractor, so I've grown up building houses, remodeling, etc.

Purchase price: $516,000 Cash invested: $600,000 Converted mixed-use 3 residential and large commercial space into 5 residential units and one mixed-use Building.

Start small with strategies like house hacking, leveraging your hands-on skills for value-add properties, and building a strong team or network to reduce risks.