Each one with separate addresses and utilities.We originally put $585k of our own money into the project, and by the time we were ready to go to market in 2023 we were into it for about $2M (the pandemic really threw a wrench in our timeline and costs but also greatly increased the value).

With that said, the income can still offset the cost of holding the property as a long-term investment.

When you took in the increased cost of the build how did you arrive at that percentage?

I would say for most people, the 1st position heloc is no a good bet, especially if you have a 1st mortgage rate of less than 5%.Using this strategy with a 2nd position heloc can be just as powerful, so you can have your cake and eat it too!

Excellent overview of the power of professional and creative photography... and how the bar will continue to be raised. 

At 3 years none of the costly items have hit their end of life.  

While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.

So, the total base move-in costs would be $2500, all paid prior to lease signing.Since choosing a place to live is a very personal decision, please feel free to do a “drive by” of the property, located at 123 Main St., so you can get a feel for the neighborhood.

It is going to cost more than you expect, and you'll have that "Oh, crap!

"the typical home warranty costs $450 annually, and only 25% of premiums are paid to homeowners.