Given that I would pay 3/4 of the property's assessed value I think this could be a great opportunity.

It’s awesome to see you starting your real estate journey so early, congrats. 

You should have a MAO to this deal.

This is always a tough question to answer @Marc Shin.

Filling them in not an issue but I'm seeing some renters are using anchors.

Connecting with local GC groups in your area will help you connect with subcontractors, find out tips and tricks of the trade in your local area (since all areas and their real estate differ slightly).Also, have you considered the motivation behind building a brand-new duplex versus finding one on the market?

I am aware of Crexi, Bizbuysell, and Loopnet and reach out when I see something for sale on those sites.

I'm working on my first transaction.... we shall see.  

If you look at the one mile income radius and you see median household income at 45k, then take 30% of that or $13,500. 

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