Just make sure you're factoring impact fees...they're usually not cheap and will likely apply if you're splitting the lot.

This could possibly be a factor if you did want to take the road out (assuming you can) but you'd need to get an attorney at that point.2- This is considered an alley btw and is very common for it to be used in the manner you described.

I've done my due diligence in researching and calculating the ARV which is around $194,000.00 Once I've done the math, and factored in my 10 percent assignment fee, I have the offer price at $66,400.

Ultimately, I'm trying to buildup a pile of cash within a certain time frame to do larger commercial investments with higher potential gains (this part I'm sure about - don't try to convince me to stay forever in residential haha).Assuming the fundamentals are correct, the next question is that of taxes.

Ask other investors in your area what they're factoring these at: Maintenance - what percent of annual income should you subtract?

So no, you would not put granite counters in a lower-end unit just because they will last forever.

Certainly some factors, e.g. size of the facility, occupancy, geographic location (property taxes, hurricane or flood insurance) can effect this percentage.We consider a "stabilized Facility" to be 85%. 

Last, and certainly not least, if you focus on qualitative factors (on top of ROI), there is an opportunity to create value and brand recognition by word of mouth (marketing, and your current tenants telling their friends that you provide a quality product/service). 

Lots of Airbnb's in the area, but this gives it a unique factor?????

Heat will definitely be a factor for the second layer of shingles.