Mother in law unit, adu, detached garage/shed, split level, basements are all examples of ways to do this.

These numbers keep the Austin MSA quite comfortably in a seller’s market but the red hot level of hyper aggressive property acquisitions has certainly cooled.

Occupancy depends on the property and you.Location, amenities, pricing relative to other simular properties, pictures, description, reviews etc will all contribute to your occupancy levels.

Mainly the flooring due to the fact that this particular house was built in the early 1900s and the floor was anything but level.

Speaking for myself, with my own acquisition and investment strategy, what’s most important to me is the TYPE of leads I generate, not the quantity or motivation level.

In your neck of the woods a nice town home can be very low maintenance, and if you have a decent HOA it provides the same level of management ease as a condo with more upside in the rents. 

Building vertical creates value with finished homes.It is imperative that all 3 of the above value propositions be properly calculated and maintained throughout the entitlement process to ensure that there is enough "meat left on the bone" for each level of development even if you are not planning to do all 3 yourself.Feel free to DM me and I will send you an intake form that you can fill out.

I've read in different books and articles that when first looking at properties there can be a high level rule of thumb for rehab estimates.  

FED hikes interest rate3. economy slows down significantly, the unemployment rate spikes4. tenants either stop paying or move to a cheaper location, the new rent is lowered5. occupancy rate approaches break-even level or break below6. your interest-only loan's term is up and you have to start paying higher mortgage7. operator makes a capital call. 8. not enough funds raised. property forclosedIs this as bad as it could get for MF syndication? 

@Joe Splitrock Hey Joe - From what I understand, Evolve provides services a la carte so someone can pick and choose different levels of support.