I'm wondering if you can help advise on this situation.My mother currently resides in a property located in Los Angeles County.

Here in Chicago, you should expect a range from $200-$275/SF, depending on the location, experience, labor, and material finish level.Are you in a position where you already own some land, or what is your current situation?

It depends.On the property, the location, purchase price, demand in the location etc.Yes you can make it work but you must do your do diligence and run the numbers.

and are you located in Dallas?

It's a range and depends on the property type, location, end condition and rental strategy. 

Courtesy of the video, criteria to consider include Deal Type, Management Plan, Business Plan, Financing, Asset Class, Ownership Structure, Property Class, Location, Purchase Price, Rehab Costs, Risk Target, and ROE Targets.

I'm located in Lewes, DE but the joys of the commercial world I can help make deals happen all over!

It's important to narrow down on the locations and conditions of properties you're looking to buy so you can align your numbers with those expectations.

Property is on an acre lot so units are separated and very private making it a great house hack.Located next to Benderson Park which makes it a great location for STRing the guest house.

Knoxville isn't a luxury market. widen the gap and do new construction. find infill plots of land in better locations and have more control. work closely with a builder who Is working with investors. we have flippers who did hundreds of flips then they graduate to new builds and say it's much easier. if you have the balance sheet you'll be fine. budget 20%. new construction commands a 20% premium and is much easier to duplicate Over and over and much less risk.