Total for project now $53,850.Now contractor sends me final bill and says with overages and add ons the total is $73,000.

I was looking to buy 2 more rentals until I saw the add on this site for Memphisbuyandhold.

Once you get a few of them going add one more then another, but focused on your results don't skip around to some "new" sure thing.  

This is not a very expensive add on and you will definitely get your money back for doing it.

I would recommend modular for a situation where the home basically comes done and you have limited on site add ons or custom work.  

To add on what Mike Jacabson comments:For anyone looking into investing DST, First of all make sure to work with a Brokers whom specializing in DST.

On a non owner occupied property, the taxes are 2% of the assessed value plus any voter approved add-ons.

See the 3 things after the financialsPurchase price: $390,000I can get financing at 25% down, 5.5% amortized 25 yearsPer seller:90% occupancy or higher since they owned in 20028 - 1 bed/1 bath at $550 per month6 - 2 bed/1 bath at $650 per month*One of the 1 bed/1 bath has an onsite manager/handyman living for free so there is no property mgmt costs in the expenses*Owner pays water and trash2017: Total Operating Income: $79,989.50Expenses:- Lawn Maintenance: $1,800- Water: $6,816- Trash Collection: $1,740- Pest Control: $820- Supplies: $4,280- Repairs: $9,852- Insurance: $4,153- Property Taxes: $10,515Total Expenses: $39,976.82NOI: $40,012.682016:Total Operating Income: $83,154Expenses:- Lawn Maintenance: $1,800- Water: $5,820- Trash Collection: $1,680- Pest Control: $604- Supplies: $6,639- Repairs: $9,910- Insurance: $4,153- Property Taxes: $10,521Total Expenses: $41,127NOI: $42,027So if I’m all in at $115k (down payment + closing costs), assuming 40k NOI, i’m looking at 16.4% cash on cash with one unit vacant at current rents (without anything set aside for capex however)WHAT WORRIES ME:1) No washer/dryer connections AND no laundry facility on site (would have to build a new building and run new plumbing to add one).

@Jami Kloet just to add on to @Peter Miller's post, Clearwater beach is (currently) Trip Advisor's #1 beach in the US!

I used originally as an add on for Airbnb guest.