There is a mortgage attached to this property from 2004 that is substantially less than the appraised value. 

I am a crossroads and could use some advice on whether or not to build a attached garage on the cottage?

the inspection was easy but indicated I needed to add screws to the condenser to attach to platform (seems reasonable and no idea why contractor did not do it, he also trusted me to do it as no reinspection and all signed off), but more than a year to get the permit opened. 

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

We had several funds and what we did is create an attachment for the agreement that it follows each company but each company is responsible for their own costs and cannot cross polinate the companies. it just saves signing 5x and just do it once sits it is the same agreement

And make sure that all items necessary for you to get the best rate possible from your carrier (like 4 point inspections, roof attachment points, pool enclosures etc) are present or available.One nasty little factor that can't be helped is that every time you buy a property for more than than last owner paid - you will have a tax bump due to re-assessment. 

Remember that these are their homes and create attachments to the property's as they have experiences there.

Pic attached

Modern finishes, Washer and dryer and refrigerator.3bed/2bath minimum is preferred in the Texas Market.If you can add 2 car garage, that will make it more desirable and attach more buyers.All the best

I have a property in mission hills 7 bedrooms and 6 car attached garage renting available discounts if you rent by Sep 30th 2024