One of the things I'm trying to figure out is if I'm better off getting a few lower cost properties or on higher priced property. 

We needed to build more there but the cost to build has doubled and the return is t sufficient.

Our goal is to be able to use either some type of software or spreadsheets to continue to build off of and help dial in our costs as we begin to hire more contractors for our team.

Pretty easy to get a $6,000 to $10,000+ sewer dig up and replace cost if it's a perfect wide-open area.

It costs me $1,500 to evict a tenant with it usually taking two-three months.

Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.

It’s definitely smart to evaluate the tax and cost implications of your funding options.

I prefer markets that experience mild winters to eliminate the added costs brutal winters can bring. 

@Mike Levene cost to build per square foot is $200-$300 depending on finishes.So, you can start with that.

Hi @Jose SaladinThe deed would have to be transferred into your name like a normal RE closing + closing costs and other fees.