Carpet in the bedrooms is fine in most neighborhoods.

It was November 2016 when I decided to pull the trigger after six months of research and building an excel model that lets just say I went overboard with.

Needs some general thoughts and inputs on this deal: 12-unit apartment all 1Bed/1Bath, 2 buildings (within the same complex), built 1965 and 1974, listed in April 2024, listing shows it is 100% occupied, but found some recent listing for rent for some of the units for $595/month. 

Other than that though, my main question is if the land isn't to expensive, will building come out to be cheaper than buying preexisting.

I have this idea floating around to build an extension on the property or a separate ADU and finance it myself prior to refinancing, but that might be a bold move this early on in my REI career. 

You mentioned the semiconductor chip factories in Sherman and Denison (suburbs of Dallas), and I'm assuming you're referring to Texas Instruments building out and renovating new semiconductor fabrication factories, which is absolutely true.

Here's some context: The access to our properties used to be the main road until the 1970s when the city rerouted it to build a highway around our homes, giving this access to the landowner at that time.

In the next six months, I'm focused on building my wholesaling portfolio to reach a significant personal goal.

I am seeing a lot of new homes near Downtown that are good for the price and have great potential but they are in older neighborhoods.

I'm looking to build a MFH in the area and would like to know if anyone has done something similar.