I was thinking this might work on my property in Redding and can be adapted to a shared housing project for seniors (though I'd want rooms large enough for bed, bath and seating area)  It's my understanding that it is considered a SFR with seperated bedrooms as far as planning.

Whether you’re managing properties, operating STRs or long-term rentals (LTRs), or just have an opinion on the state of the market, I’m eager to hear your thoughts and any new developments you’ve noticed.Here are a few things I’ve observed:Increased Supply of RentalsI’ve lived in Gainesville for a while now, and I remember a time when it was tough to find a rental.

The construction project in question would be in West Philly, if that's helpful.

My cost wont necessarily be the same or comparable as I GC my own projects and have trade skills.

Do they use pen and paper to record this information or do they have some sort of software to manage it? 

However, my true goal has always been to develop, buy, and manage real estate—something I’ve dreamed about since I was 12 years old.

A development project can have a very nice upside if done right. 

@Colin Ford recommend getting experience with your RI duplex before going OOS.You should DIY manage the unit next door, so you LEARN about property management, the goog, the bad and the ugly.Then you'll be so much better prepared to invest OOS!

For the contractors, there are always going to be ones that have you already saying yes to stuff and will just continue to send crazy change orders, and when they do that is when you stop the project and go elsewhere. 

I did three thiings to rent the unit.......First I put an ad up on Craigslist, and Zillow rental manager which cross posts to trulia, postlets and another I cannot recall.