The big unknown is how deep the electrical and plumbing work will go.Also, with the attached 1/1 unit, I’m debating whether this could work as a long-term hold instead of a straight flip.

we have a development in this area that should be completed in the next 6 months, 2 units. 

Ask how many units they manage and how much experience they have.

If you can take that and buy a 2-4 unit property and live in one and rent the others, with the aprox $110-120k you are putting down you should be able to be in a good position and make a much better rate on your investment.

We profit about $1200 a month from both units.

I have one bizz partner I sold a 100 unit apartment to 18 years ago for 5 mil and he paid cash..

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

I intend to add a closet to the den and make it a 3 bedroom adding value as well as remodel the entire unit.

I am in the same boat.I have a bunch of SFH and I am looking to consolidate in many quads or 1-2 small apartment complexes(5-20 units).

. :) We currently have 24 units and looking to at least double that in 2025.