We filed plans for a 12,000SF 17-unit elevator building.

I would highly recommend joining or just collaborating with other SUBTO students to elevate your investment knowledge.

@Mollie Hess I would suggest networking at events such as Elevate, COIN, and Multi-family Meetup.

It still depends :) We usually project $160-170 per sq ft, but it can go much higher depending on the lot elevation and other things related to the land.

If you have the funds and the time I'm sure you will find lots of opportunities due to Sandy and some may not have to be elevated. 

Somehow, the HVAC only ended up with a <$200 repair and the hot water heater was fine (they were elevated a bit).Had a GC stiff me on flip for a substantial amount...chalk that one up to "on the job training" for me.

You can see the swampy, flood prone areas on an Elevation Map.  

Most 2-4 listings current rents are 30-50% below 2023 market rates.If set on condo buy low rise buildings (no elevator) with lower assesments.

With interest rates as high as they are and home prices elevated as well, I'm not sure where my expectations should be as far as cash-on-cash return and total ROI percentages.

Inventory for Austin and the metro area remained unchanged from June at 3.9 months and 3.7 months of inventory respectively.Clare Losey, housing economist for ABoR, made this comment:“With a rise in pending sales and closed sales remaining consistent, this further indicates that buyers are becoming more accustomed to the higher interest rate environment and understand that elevated mortgage rates may continue.