The process is very involved as you'll have to navigate pre-construction activities that involve architectural plans and approval from the city and then the construction activities (Shovel to soil) take anywhere from 5-9 months depending on how much your building. 

I am an architectural designer from Trinidad and Tobago, who is new to Real Estate and real estate investing.

Architecture did a design and well respected contractor estimated the buildout of 4 plex would be an additional ~800k for total project cost of ~1M. it would be ~1.2M for the 7 plex.  

Hi Adam, we do everything in-house from the permitting & architectural to the construction itself, so that removes a few variables.

My projected Occupancy rate during this high season July - September is around 81%- 93% this is more on the conservative side mainly because everyone near me are super hosts but the houses that have exactly same amenities, architecture and so on do on average a 95%-97% occupancy rate but they are super hosts have airbnb plus and so on so it'll take me some time to get there but I'll catch up soon.

Meanwhile during the eviction period, we finalized our architectural plans and started the permitting process in the county so we didn't lose much time.

Prairie School influences, Arts and Crafts smatterings, small foursquare homes, not exactly architecturally pure or even noteworthy places.I don't know if that's because of building characteristics in Indianapolis, if there were just a large number of these ugly little sub-1000 ft2 small single-family houses built in what are now the blighted areas of Indianapolis and can be had cheap, but what I do know is that they're not all that usual here in the same areas of Pittsburgh.

Could you share some tips on how to find the builders or is there any platform that I can use to reach out to multiple builders to get quote once the architectural drawings are finalized?

Having worked in corporate architecture firm for 13 yrs before opening my own firm, I understand your basis @Jay Hinrichs and it's totally accurate.

Our engineering team finishes in roughly 2-3 weeks with no major modifications required to our initial architectural plan.