I can tell you that there have been plenty of 750 sf apartments that average out at $35K each if you are including everything shared by the property and grounds.

There is no incentive for me to pay it off with how low interest rates are, I'd rather use the money to invest where you can make 8-10%(an average return) on your money.

I can't seem a large benefit of REI in a case where you have to put 20% down in an average market.Ex:20% on $500k move-in ready duplex where about $1k cash flow (ideal scenario)Assumptions - 6% housing appreciation, Stock 6% appreciation (conservative estimates)Profit- House appreciation 6%/year- Mortgage paydown and it's 6% appreciation/year- Cashflow invested back into mortgage paydown+/- tax deductionsExpense- interest payment, taxes, home insurance, maintenance ~ roughly 1k a/f deduction (conservative est, probably alot more)VSOpportunity Cost- Down payment 20% = 100k in mutual fund 6% return/yr- $1k/month expenses that could be contributed to mutual fundYes there are still alot of variables- housing and stock appreciation/return will vary depending on location/time/stock- did not exactly calculate out the tax deductions / expenses but made a conservative estimate in favor of REI- did not include time and fees dealing with REI transactions vs just working a few more hours at my jobWhat i'm seeing is that in a scenario where someone will not be building sweat equity or finding a crazy discounted deal on a property and going through a conventional 20% in an "average market", the argument doesn't seem as strong for REI vs mutual funds/stock - they seem to be pretty close if you take into account the variables mentioned above.

Should rent for neighborhood of $200/night on average and is available 100% as soon as we finish, hopefully before Valentine's Day. 

It was close to a homerun househack, where I had to pay on average $250 a month in operating expenses to live in a 1000 sq. ft. 1 bed 1 bath.

I had to pay on average $250 a month in operating expenses to live in a 1000 sq. ft. 1 bed 1 bath.

Of course, check out occupancy limits in the county/city that you choose.If you want the least amount of work but lowest cash flow (cover 50-80% of your mortgage payment), I recommend finding a house with a basement/mother-in-law apartment, and live upstairs and then rent out the basement to a long-term tenant.Denver metro has experience terrific appreciation like most metro markets, and over the last 40 years, Denver averages 5% appreciation, so Denver is a great bet long-term.I'm more than happy to discuss further if you have any questions.  

Hey guys!I recently purchased my first rental property, which is in Nashville, and I'm curious how long I should expect it to take before we find a renter?  I hired a property management company and it's been about 24...

Could anybody suggest  an average ROI for typical medium/high quality new residential construction projects?

Not looking for averages.