This is part of the "due diligence" period, and it is so important.My advice would be to figure out the demand in the area for larger spaces.  

BRRRR is great for building equity fast if you can manage the rehabs efficiently.

It took 90 days or so to get confirmation your deed and mortgage had been recorded so you had this huge period of time that the bad actors could step in and pull some really crummy stuff..

These tools can help you stay organized and manage your expenses efficiently for real estate investing.

Can you extend the DD period?

The other way to lower PITIA is to get a lower insurance quote but this is marginal since most insurance carriers are all priced to market efficiently (insurance accuraries have low margin of error or variability).Stated the problem and the solution to your FHA inquiries, any thoughts questions comments, lets goooo....

You can 100% create simple systems with free technologies and run your unit efficiently. 

@Collin SchwartzYou are a cool guy for putting on all of the Omaha meetups and you have done a great job in a very short period of time.I met you at one of your meetups last year, but work, family, and my investment properties have kept me too busy to attend recently. 

I plan to put two duplexes on the property but with this high appraisal is there a smarter thing to do to pull that money out of it or just use it for better collateral for the construction loan most banks will lend on the transfer price within a seasoning period. we face the same issues for land entitlement and development.

Yes trying to find info as well, offered 1031 and/or straight investment $s w 6 month min lockup period for a return in the 14s, seems too good(i know what they say, lol)