Never built in Houston before so take my feedback with a grain of salt but I'd put money on it being impossible to build a duplex from scratch for $125 a foot (including everything from drawings, engineering, permit fees, general conditions, labor, material, landscaping).Out here in AZ the builder cost is going to be $200 a foot at best, but add 20% on top of that for the client cost.

Look at what other complexes are charging and you should get a good feel of where to start off

For a while, a truly irresponsible group of new investors were joining the forums, thinking they should pursue extremely dangerous strategies that put themselves and the people they were buying from at risk. 

Quote from @Dalton Dillon: @Bruce Woodruff @Matthew Paul How are you guys making numbers work at $250 sqft?

I am looking at similar strategies (as I'm limited by the cash I have available).

I’m probably just coming at it from a bad angle as I’m not a big cost seg fan on SFR.

He just hosted a get-together - a Family Reunion - where we took a deep dive into various aspects of BRRRR, how to source deals and a look at how he is rehabbing the hotel we were at that he owns.

That’s a solid way to put it—BRRRR is really just value-add investing at its core.

Property tax at $3,650 a year. 

Ten were pedestrians, many hit while jaywalking at night.