Building a 4,000-square-foot, three-story duplex with a 1,000-square-foot ADU could cost about $1.83 million, including construction and permits (excluding land).

Having a vacancy costs money!

Quote from @Stacy Banks: Hello I wanted to know what does it cost to do foundation & framing for a 1,500sq ft house being built in Lehigh Acres Florida.  

I'm looking at monthly cost to seller vs. anticipated rental income, purchase price relevant to the ARV of the area and interest rate, balloon, etc.

@Khyree RandallIt's definitely frustrating in competitive markets like Sacramento, but you’re not necessarily doing anything wrong!

During this renovation period would you, as the lender, want an Actual Cash Value or Replacement Cost policy in place?

.✅ More Affordable for Renters – Competitive pricing attracts a steady stream of demand.✅ Built-In Community = Lower Turnover – Tenants stay longer when they feel connected.✅ Allows You to House Hack a Single-Family Home – No need to compete for pricey duplexes and triplexes!

@Ella Marie, I can't speak on behalf of your market, but in my respective market, competition is tough, and the successful fix-and-flip vendors are often full-time operating businesses.

@Jason SinclairWhat do other homes in the neighborhood have that you would be selling or renting competition? 

The overhead to start a company is low, but the cost to scale is high.