Purchase price: $137,999 Cash invested: $15,000 Sale price: $260,000 Rental House purchased in 2006 and was my primary residence until 2019.

The main part of house is renovated and rented out.

I cannot see how build two, say, 1200 sq ft houses with two roofs, two foundations, presumable about 25-30% more windows and siding is going to be cheaper a duplex that might have a little extra fireblocking and soundproofing.Now, maybe your GC is thinking that detached homes tend to get higher rent than comparably sized and finished duplexes.  

I purchased the property in 2022 with my VA Home Loan, so I have a very low interest rate of 2.75%.Long story short, we've finished renovating and stabilizing rents (for the most part).

I see you are in NJ and I am managing one in Ventnor (for a client who lives in NY but has 4 other houses managed by us in FL) at 20%.  

Physical property inspection, on the other hand, includes checking out the property's state, walking through each unit, and figuring out what repairs or renovations need to be done.It's smart to get professional help to make sure that the assessments you make during due research are correct.

Units are in OK shape with some recently renovated.

He never used our renovation money for renovation.He also stole my mothers security deposit from her rental and so many more shady things I could go on all day.I have a list of property managers, contractors, former clients, etc that he has screwed over and have completely blacklisted him.

I'm guessing you also have checked for the ARV and what houses in the area are selling for to help determine if it's worthwhile.

Hi all,I received an invoice from my plumber, but need to get official drawings of connecting our back house to our main septic tank.