The amount of rent difference for me is not significantly different between the two as long as they have the same number of bedrooms.

It rented out at $2,100/mo as of Dec 2023. 

If you'd ever like to chat about strategy, location, asset type, etc I'm happy to connect.

They stated yes they look for indicators and then they run in the locations the person reported living in.

An appraiser will use comps that are close to your location and in similar size and condition.

Commercial requires the property to be livable (not subject to), usually a 95% to 100% occupancy ratio, DSCR (rents) at 1.25% or higher, PFS, Strong assets, 12-18 months reserves, Fico above 700, I have seen lower but rate will be higher and in most cases cause the DSCR ratio to be under 1.25%.If you own a primary you might be able to use an SBA type program but those are not great.

I’m trying to save PM fees by using rent redi software for the time being until I am able to scale up

Expect total cost to be ~350K per duplex and bring in 3-3.2K/month rent.

Property 1:Purchase price - $73,000Mortgage - NONE (Paid Cash)Monthly Rent - $875Monthly Profit - $580Property 2:Purchase price - $65,000Mortgage - NONE (Paid Cash)Monthly Rent - $950Monthly Profit - $750Property 3:Purchase Price - $107,500Mortgage - $80,625 Monthly Rent - $1300Monthly Profit - $435Current Cash Available - $110,000Current Available Equity - $96,500 Cumulative Total - $206,500The available equity was a HELOC loan that was given at 70% LTV so those are real numbers, they would be from property 1 and property 2.The reason im typing this is because I would like to know if there were any builders that could give a rough estimate of building cost per square foot in Kansas City area or suburbs.

I'm looking at buying an 18-unit apartment building that's recently been renovated and hasn't been advertised for rent.