Shower had really low ceiling, and sink was tiny.

They are more spaced out and not tiny circle clusters like most pictures of black mold show.

My moat is lower rent (I know the new apartments can compete there but with building costs I cannot see how...oh, and other moat is tiny yard for pets.

In case you were wondering I see lots of references to bunk rooms in the area, most of which have two bunk beds crammed into a tiny room.

I am thinking of purchasing a $25k lot that i can fit for sure a small 4plex on in a city that is surrounded by heavy industrial plantsMy plan is building a 4 plex with 1 room, 1 restroom, small living room, tiny kitchen, and tiny utility room roughly 775 sqft a pieceI know for a fact i can get contractors in here rented out paid water and trash @ 950$ a month (possibly more if weekly and if i do all utilities)Why should i  OR should i not pull triggerRoughly 25k for lot + 200-250k to build  = a 225-275k loan @ 15 years @ 5.59% 275k loan 25% down1695 note paymentLets say 400 taxes 400 insurance (over estimating)2540 payment - 3800 rent = 1260 cash flow minus water and trash Basiclly 200-250 a door @ 15 years (trying to build equity fast)Im doing 15 years cuz i know i can walk in to my favorite bank and they’ll Loan this out to me fast basicly pre approvedNever done this before but already getting bids on contractors and this is what they told me roughly building cost wise (im more experienced in SFR’s)

I would avoid a Tuff Shed to be honest, pouring a slab and framing up a tiny house would probably not be that much more, and it would add more to the value of the main living quarters.Originally posted by Account Closed:On the contrary I spoke with an experienced General Contractor who said permitting shouldn't be that difficult, however I don't have any direct experience with permitting yet!

Negative cash flow can hurt even if it is tiny but it appears you getting nearly 15K$ appreciation a year. 

Hi Glenn,  If you have the cash for multiple properties then you need to spend a tiny bit of it and go BP PRO.  

Maybe the lot next to them is also available providing some flexibility.Some combination of the above items.We have a duplex in an expensive area (Far over $1M for a little tiny duplex - maybe 1100' total). 

With that many supposedly empty dwellings, you have no idea if the population declined that tiny amount because so many people are living between the cracks.Unless some affordable housing starts getting built somewhere in the USA in the near future, I see a lot of people landing here, not because they want to, but because they have no other choice at their price point (zero).