The low end was a little lower a few years ago, but the government changed regulations regarding more efficient water heaters in 2015, resulting in higher prices for water heaters.

It's a MIL apartment down in the lower quarter.  

What is the monthly rent you can expect to collect and do you have the ability to refinance to a lower interest loan rather than rely on the higher interest alternative lender who financed the construction? 

FYI we've changed our approach entirely and have lower fee initial entry points to avoid the challenges of long term project based arrangements so we can catch issues much sooner.

I would be willing to put 20% down. would this typically result in a Lower final cost since the builder doesn’t have to put up any of the initial investment or carry the loan for the build ? 

We're on our second one and I can't express how different our stress level is with the new one.  

However, Florida generally has lower property taxes, which could be a factor to consider.While you mentioned your interest in multi-unit investments with seller financing, it's important to keep in mind that this can be a complex area.

I'd run your number with lower rent amounts for those two units.  

You can score unique, high-quality pieces at lower prices, but be prepared for limited sizes and colors.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.