My wife and I did come the the same conclusion on most of those same factors when we were looking in the north by Venice and Aviano. 

He told us his hourly wage (when he hilariously tried to charge us money for him doing math to correct our "mistakes"), and so that $800 represented a 40-hour work week. 

Try to be positive and understanding since there were lots of factors that led to delays.

Obviously, two factors are responsible for what will likely be more than doubling our money in 3 years.  1.

Yes, I use Zillow reporting as a start and look at other factors.

FHA allows the construction or renovation of an ADU on the property by refinancing into a 203k loan, but the property must remain your primary residence.This stuff is subject to change, lender specific, and subject to other factors.

. #1 is the primary reason, but #2 does factor in as well.

@John BerjIf cash flow is a top priority, factor in HOA fees (common with new builds) and confirm rent comps to ensure the numbers work.

I’m talking about getting thorough with expense estimates, factoring in property taxes, insurance, and a cushion for maintenance.

This is bad math, once most people factor in their income tax bracket.