I informed the seller that because of the overlay, the property may be 2 build eligible in-spite its small lot size.

Total cost of land and size?

I informed the seller that because of the overlay, the property may be 2 build eligible in-spite its small lot size.

.- It costs me me less to turn over my 1500 SF units that rent for $3k/m then it does the same size section 8 unit because the property is cared for better and experiences less  wear and tear while fixed costs like cleaning and painting are easier to absorb. 

Which kind of properties perform best there (size, amenities, etc)? 

So depending on if you are using it personally and want to have it pay for itself or you just want cash flow will help determine where you should look and what type/size home you want to consider.Please reach out anytime and let me know if I can be of help.

I wish you would have told us the year, it makes a huge difference.Anyway, everything you mention, plus 1) get a camera run on the sewer line, 2) make sure the Elec panel is newer and sized correctly (a lot of HIs will just say if it's functional or not) 3) Foundation ( is it slab or raised?)

They can't assess all the subjective data like overall layout, view from the living room window, the dogs next door that bark all day, the width of doorways, size of individual rooms, quality of kitchen cabinets and appliances, etc.The best thing to do is study your market regularly.

One property the square footage was high because they assumed both florrs were same size and they were not. 

6 months later, I have doubled the size of the yard with all the clearing, performed a unit turn raising rent over $600.