@Jay Hinrichs there is value add in every market but unlike yesteryear when value add meant buying at half of rebuild cost and pushing rents a modest $100 yielded 15-20% cash on cash on the hold, today its forcing rents up to top of the market (and historically adjusted highs) and hoping and preying that those rents stay there and continue to grow (not to mention interest rates).

A tear down and rebuild is difficult enough for a seasoned investor let alone someone new to it.My wife is in medical school so I can relate to the concerns.

Either rebuild the soffit or try an oscillating tool to cut the screws.

Where I see people have problems is getting permits, but usually they are rebuilding something different.

If I have just enough coverage to pay off the mortgage, but not enough to rebuild the home, I'm left with a lot and I lose the cash flow that the property was generating. 

Here are some of the numbers we were thinking about when considering this property.I don't have a lot of experience estimating construction costs, but it seems like what would be the most worthwhile for this property would be to rebuild into a SFH or a duplex the size and style of the neighboring properties which are estimated on redfin at $667K to $700K (those are 3br/2.5ba and 4br/2.5ba respectively). 

Hi all,I'm planning to re-build my house to a 4 units and I'm looking for the best way to get finance for this project. 

Had some bad years financially and I'm working to rebuild credit at the moment as well.

Home Headquarters forced us to replace all plywood, install 30 year shingles, copper flashing, rebuild the chimney, etc. 

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