For the extreme level, that includes a dramatic drop in reservoir and aquifer levels, the implementation of water use restrictions, and impacts on wildlife and agriculture.

To determine if it's worth doing a 4-Plex in addition to the cost you listed, I would recommend looking at; is the lot already graded, and ready for construction, are sewer, water, and gas already at the lot for connection, what type of rents are on your proforma, the biggest one many people forget about are the developer fees charged by the municipality to allow you to build the project, etc.There are a few soft cost items that will be a part of the project that do not get lower just because you're doing a smaller project.

If you are evaluating a property that looks to have water/mold damage and need advice or an opinion feel free to reach out.

@Rikera Waters, will be at this meetup tonight. 2nd Tuesday Real Estate Investing Trenches- Scott Patterson 

@Theresa Harris@Theresa HarrisI am good at day to day property operations, I find ways to increase the efficiency of property systems such as boilers,HVAC, energy consumption, water consumption, I make sure the systems will last longer,I make sure the occupants in the building are safe.Basically maintenace, preventive maintenance,repairs, managing tenants,collecting rents (even though its not my job,I do it), I make recommendations to the landlord on how to save money without sacrificing the comfort of tenants and I do my best to avoid defferred maintenance.My father does construction (20+ years,he operates a small construction business) maybe I can put him on my teamThank you for answering

How to know if a land site has utilities(water, power and sewer)?.

@Vemmanath VasudevanPicture a glass, 80% full of water.

Also, set a high water mark and do not ever ever ever cross it. 

I moved in and immediately replaced all of the carpet flooring in the house with engineered hardwood; I re-painted the entire interior; I replaced all kitchen appliances with new ones that I found at a discount at an outlet/scratch and dent; and replaced the water heater.

For example, often fire damage is water damage--they put the red stuff out with wet stuff.