We recently bought a duplex and are almost done remodeling it to get us to where rents need to be for that A or B class tenant.I personally find that due to long term buy & hold in this area, it’s just enough to break even for first year or two.  

Quote from @Jaron Walling: @Devin James The 1 habit that changed my life is I started prioritizing wants vs needs. 

Duplex fully occupied with rents of $2,500.

A duplex or SFH purchased around that time would likely have appreciated by 5-10%, depending on the neighborhood, and rents in Oceanside and Carlsbad have continued to rise steadily, offering a solid ROI.One client I worked with last year ran into similar frustrations with bidding wars.

This was a no money down deal was a tri-plex, duplex, SFR and studio all on a few city lots.

We changed fixtures and added an accent wall.

He has suggested an 8-unit building.10,000 sq/ft @ $215 sq/ft = around $2.15MEach unit will be worth around $268,750The current plot of land is currently zoned for a duplex without further approval from the city/community, but the zoning on the land can allow for up to 8 units by applying for a Special Use Permit through the city.

I don't think it'll be 25K unless the wall is coming in a decent amount. 

And natural wood interior walls for that cabin feel.. can you post a link to what you recommend a  cabin should look like I am just curious . 

We added some instant value to this one, changing fixtures, adding accent walls, and altering kitchen cabinets.