The assets are old, need work constantly, the cost of living is high, and there is no job growth.I wouldn't solely focus on cash flow.

I was wondering if the tax benefits outweighed the upfront cost, but it doesn't appear to be so.

I'm looking for estimates on development costs so I can do a rough financial analysis.  

Additionally, I'd appreciate any tips on balancing cost-effectiveness with durability.

Rent costs are nearing 2019 levels.

Airdna has years' worth of actual data, so there's a reason it's costs a bit.

Aside from seeing a parcel and knowing a great project could be built on it, it's necessary to be able to show precisely what can be built, how much it will cost, and have real numbers, based on actual bids to back up your projections. 

All I can imagine is a lot of blight hitting many rental units when the costs to maintain rise beyond the capacity to finance that maintenance.  

I do like the smaller homes because they are brand new and maintenance costs will be lower.

Such a fantastic book, FHA financing is a highly effective house hack and can be combined with a sellers concession or up to 3% with 3.5% down to reduce or completely cover closing costs.