We’re $50k short to finish the second house.

We’re $50k short to finish the second house.

In my town, appraisal is mostly invluenced by the following factors, in no particular order:1) finished, livable square footage2) number of beds3) number of baths4) central HVAC vs. other type of heat/cooling source5) garage space6) yard fencingBeyond that, pretty much everything is going to suck more money out of your pocket than it returns.  

@Adam Luftig I’d love to stay in contact with you in that case, to compare notes.I’m trying to finish up a BRRR/Househack and looking into investing in Ohio in general by February’s end.

Here is the listing – https://www.coldwellbankerhomes.com/ct/ansonia/24-north-spring-st-2/pid_33813590/(Note – I have since installed a nice stackable W/D unit and am finishing up some detail carpentry on the cabinet above (had to cut into it), so that will be updated soon).The listing is a bit barren now that I'm looking at it. 

It turns out if you sell the home when it needs to be finished to a fellow investor it can be a win-win for all.

I could afford the project but would still have little in reserve once finished, and wouldn't be able to be as hands on due to distance.Thanks for your help.

Statistically speaking, you should finish college. 

Each property you do you'll form a new LLC that is strictly for that property and defines ownership/splits by LPs and the GP (Blue Estate LLC).Lastly, you're basically asking for an entire business plan from start to finish.

@Troy Sheets what would be the approximate per sq foot to build on a 14x51 lot with medium to high finishes and a finished basement?