Partnering with Ron Rowan provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

We welcome any suggestions or insights you may have Additionally, if anyone has information on the approximate cost of building a duplex and triplex in California, we would greatly appreciate your input.To provide context, neighboring properties in our area offer insights into the local housing market.

It was recommend by a contractor and he installs this for homes and even in commercial locations such as malls. 

Be sure to study up on your local rules and regulations and make sure you're comfortable with it all before taking this on.

Hi Michael, What location are you building these properties?

Talk to the person who sold you the deal initially to see if they have a recommendation for a lender (local bank, credit union, DSCR guy, or Hard Money).   

-based, with no local investors, why would raising capital be based on local laws?

A local credit union or bank like Pima Federal Credit Union will probably give you the best rates.

The law also creates a landlord liaison position at City Hall.Effective in six months (I believe this to be July 1, but I haven't found an exact date anywhere.)I thought this was important to share, as many of the local investors I work with in the Kansas City Metro have very strong feelings pertaining to this ordinance, and are making very serious decisions pertaining to where they invest in the KC metro.Let me know if you would like me to email some brief slides explaining the ordinance, or if you want to read the actual ordinance in detail.

I’m a local investor and licensed agent here in Birmingham and also work in property management, so I’m involved in deal analysis on a daily basis!