Never built in Houston before so take my feedback with a grain of salt but I'd put money on it being impossible to build a duplex from scratch for $125 a foot (including everything from drawings, engineering, permit fees, general conditions, labor, material, landscaping).Out here in AZ the builder cost is going to be $200 a foot at best, but add 20% on top of that for the client cost.

He is interested in REI, has good basic knowledge on REI and has more than enough saved up for down but hesitate because of current market, interest rate, rental demand, capex, first investment jitters, draw of stock market, etc, etc. 

Then owner draws.  

@Susan Kang what is drawing you specifically to these two markets as compared to other great markets in the mid-west?

We had an attorney draw up a seller financing deal.

Given 10 years ago BTC was a fraction of what it's worth now percentage based draw downs are a bit misled given absolute value differential.BTC adoption has gone institutional, prior it was emerging markets and little retail.

If you choose to do the lien, have an attorney or title company draw it up for you.

However, shortly thereafter, we began to experience delays in draws, mislabeling issues, postponed closings, and unreceived funds.

Lower land and building costs mean higher returns on investment, and there’s a quiet but consistent need for quality housing as remote work and cost-of-living shifts draw people away from cities.

I'm just wondering if homes that are furnished draw in tenants who don't tend to stay that long?