You might need to shoot a little higher on your unit size if you're going to want to hit 10mil in equity.

What are per-square-foot building costs and what size houses would you have to build to hit the $500K or the $675K price ranges?

Has great space inside but needs work and has good size front yard.

Unless you've got a lot of experience in this business, I'll bet that your expenses are 50% to 100% higher than your original estimate.

I don't think there's a one-size-fits-all response to this question.

I worked in real estate from 2004-2009 as a project manager for a medium sized real estate developer, and had a few rentals.

You can bet the free stuff just leads to the stuff to buy so you get all the secrets.The payment of money, regardless of what you might like to call it, or anything of value that might be exchanged with any promise or agreement to grant title to any kind of asset IS a financing arrangement.

It's been a bumpy ride at times and I still have much to learn :) As with any field, you generally get what you pay for, and PM's come in all shapes and sizes.

The IRS establishes the minimum interest rates, which vary depending on the size and the term of the loan.

$2K seems like quite a bit for a home that size / value.