Typically the average is $1.50 wash and $1.50 dry ($3.00 total)3.

I think I was overpriced so I dropped the price to a little below the area average and found a first tenant. 

For ease of calculating this, let's say that each of your houses appraises at 150k on average, for a total NW of 1.8M.

The permits and approvals cost at least $35K...Basically my idea hinges on the fact that the average house costs ~ $400 / sq foot in my area, but I could save 30% of the cost just by building a manufactured house from scratch on a lot. 

The permits and approvals cost at least $35K...Basically my idea hinges on the fact that the average house costs ~ $400 / sq foot in my area, but I could save 30% of the cost just by building a manufactured house from scratch on a lot.

The permits and approvals cost at least $35K...Basically my idea hinges on the fact that the average house costs ~ $400 / sq foot in my area, but I could save 30% of the cost just by building a manufactured house from scratch on a lot.

I honestly didn’t manually check - i trusted the calculator the property has 17/18 units fully rented and thwt is the average rent it brings in.I planned on fixing up. each one as the tenants move out.

The stock market averages almost 8%/yr.

My average rent is over $1,400 a month.

I consider myself average as far as tastes and desires go, so by asking that you will know who your potential tenant base is.