The construction cost is estimated to be around $180,000.Buying a Property in the Midwest: Alternatively, I could take the $180,000 and buy a property (or properties) in the Midwest, where the rental market is more affordable.

I have been buying and selling in Clevland for about 10 years, Happy to connect, 

Investment Info:Single-family residence buy & hold investment.

Just trying to figure out if it would be cheaper to build a new place with a in-law apt in the basement vs buying something already built.

As you run your business, you may have to buy a new roof unexpectedly, or replace the hvac system unexpectedly, or replace kitchen items on a turn because they've been destroyed or reached the end of their service life.

Can't buy em in CA for many years.

I'm looking to buy a six-plex property in Watertown, NY, priced at $425k.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

First time buying an investment property.

There’s not much time to hunt for a better loan, and this option helps you save cash and increase your buying power.