Here are the quotes I got recently for my duplex.It is s gutted and the floors are level.Top studio is 317 sq ft.Street level is 888 sq ft.$75-84k for construction$15k electrical$27k electrical$12.5k plumbing$33k plumbing$19k mini splits What am I doing wrong? 

Which this new business out of Tennessee I am looking at either LLC or C Corp (S Corp is not recognized at a state level here).

Even then, you can expect they won't be able to maintain the home to the same level you did while living in it.

With broad, high-level criteria, you may be able to easily cross of a number of neighborhoods where the numbers simply do not make sense (assuming you already have your buy box nailed down).

I wouldn't recommend trying to do something like this right off the bat, I think you need to get into the game and really know what you are doing before taking on that level of risk.Happy to chat more over a phone call or direct message if you want more insights or have more specific questions!

I don't believe that will change as long as the school system and public safety levels remain some of the worst in the state.

Just as you will be out of state, as long as the lender has knowledge of at minimum the state level where you're looking that will be perfect. 

Costs will be more and the work level will be greater.

This ensures enough space for the homes, parking, and any additional amenities while maximizing land use.Project Scale: To reach an institutional-level deal, you'll typically need at least 100 units.

While the Fed looks to continue their trajectory of cutting short term rates, I suspect the mid and long points of the yield curve (particularly the 10 year, which is what most mortgages go off of) will stay elevated. 10 Yr treasury today is 4.4%, but if it goes up to 5% or 6%, your mortgage will likely be in the 8% or higher level, which then hits CF even more.