Good afternoon,I was not sure where to post this question so my apologies if this is in the wrong place.I am looking at some opportunities to buy an existing duplex or sfr in an RM area with the intention to build an additional duplex.What I am most concerned about is the ARV value appraising for lower than what it cost us to build.

I actually want to really apologize.

Here's my updated analysis:https://cdn.carrot.com/uploads...Ricardo,Apologies for the confusion.

So I demanded an apology from Adi the owner and a few days later his wife Cassie asked us why we don't just manage the properties ourselves?

@Cameron Moore sorry for the dumb question but how does roof age affect the premium - newer roof implies higher premium (because replacement cost is now higher) or a lower premium (because it may not get damaged easily with for eg hails).I apologize for not elaborating!

@Chuck McEvoy I apologize for my rashness!

Seems pointless to mention anything to neighbors. no need to preemptively “apologize” or seek their approval when what they think won’t change your outcome and you won’t change their opinion on STR.  

@Morgan Wallace Ms Morgan thank you again for taking the time for your advice and Input I truly appreciate and apologize for not having all the numbers .

Actually, I followed the helpful advice of one of the previous posters, Joe Splitrock and contacted the neighbor to apologize for setting unrealistic expectations.

This is my first post on Bigger pockets so I apologize if I’ve asked too many questions or formatted my post incorrectly.