A manager will roughly cost $100-$150 a month to take over a unit (it could be more or less in your market) and manage the units.

I get that labor costs (along with everything else!)

When you took in the increased cost of the build how did you arrive at that percentage?

Obviously need to check zoning and set up costs etc. 

For example if one partner brings the 20% down payment and the other will do the labor for renovations then what would be a reasonable split be.

You need to know what things cost.

There will be a huge gap between coverages and replacement costs. - Renters are majority uninsured. - In September 2024 the FAIR Plan had $6B in exposure to the Palisades alone.

For the 10 year period spanning December 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.4% in that period.With inflation close to its 2% target and an uptick in the labor market, The Federal Reserve may be taking a break from rate cuts.

Your 'cost' should include everything, from land purchase, soft costs, holding costs, and hard costs.

Most cost segregation firms will provide a free cost/benefit analysis quote to help you determine if the tax benefits from the study will outweigh the costs.