This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.

Historically, this market gradually trends upwards, with few dips, and less volatility in real estate purchase and rental prices. 7) The greater ABQ metro area and Santa Fe have a population of approximately 1,000,000.

I have some web design skills (I'm an engineer, so easy to learn new programming languages) and I'm currently testing my new system to manage the tenants.

Any losses incurred along the way are chalked up as inefficiencies / common area heating costs.Whether this is a good idea, IMO, is based on markets trends.

Therefore it's quite normal for a design change to be an additional service fee. 

Any guidance on neighborhoods, market trends, or the local real estate process would also be greatly appreciated!

Not essential but I've used it for other things and it's really cool when you are building out a new process, design, or work flow with your team as well.  

Stores like Home Depot or Ace will have products specifically designed for removing difficult adhesives, but you can also DIY with household products.

Take for instance an “A” located 1 +1 duplex where units rent for $2,000/m and compare the building to an identically designed “C” located 1+1 duplex in the same market where units rent for $1,200/m.

Non-profit or not, it will be UW as a business...the non-profit designation doesn't eliminate the lending review, just makes the proceeds non-taxable in order to be put to charitable use.