I'd be looking at multiple structures. we try to build below the average new build cost in our market in Columbus Ohio which is 515,000 last year and we target land 40-50k and urban core adjacent where we get higher price per square foot. we build for clients with margin around $190 a sq ft depending on multi or single. we can get that down in our triplex it's a little higher on our single family homes because of garages and limited economies of scale. hope that helps. idk Philly but if you show me the area and styles of homes I can give you some more insights. 

My friend and I are planning to buy an investment property (My second his first). It would be his primary residence so most likely a duplex or triplex house hack. We are running into a roadblock of him getting approve...

While you might have more flexibility in avoiding the penalty if structured as a 401(k) loan or a hardship withdrawal, I would only recommend contributing to a Roth if you have confidence that you won't need to touch it until 59.5. 

When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?Is it common for developers to use subsidies to cover 100% of the construction c...

Have someone physically there to check on the property and partner with them, etc.I'm not a lawyer and this isn't legal advice, but foreigners can setup US business entities in the United States, and not have to be physically in the United States.

Want help finding lenders or structuring a deal?

That being said, I've definitely signed leases for properties that were on the other side of the country and I didn't get a chance to physically see them before signing the lease.

Here in the USA you have to be licensed to build a structure that will house someone else.

He ensured that the structure, HVAC, plumbing, and electricity were well-maintained, and rarely had anyone coming in for maintenance fixes.

None of the walls I'm shifting around are structural so no issue there but from a leasable / liability stand point what are your thoughts?