A rehab having a structure to work with and having to build new structure will change the budget drastically .

My 2nd duplex was a new build in Indiana. 

Land appreciates in value, buildings depreciate.

We did build a calculator for this. 

I'm looking to connect with experienced investors, realtors specializing in investor purchases, and reliable property management companies.I'm also open to discussing neighborhoods and real estate tax strategies.Let's chat!

As far as the other units most policies have "building and ordinance" clauses which proved some coverage if you have to update to "Code" but if the other units aren't damaged and are still up to code I wouldn't think there would be an extra coverage provided.I urge you to go into the process treating the insurance company as a partner not as their going to screw you no matter what :). 

I see the advantages with DSCR… in that unlike conventional mortgages which have a 10 property cap, and it becomes exponentially harder to purchase each time… DSCR allows you to build a portfolio. 

How can I get an FHA Loan for an auctioned home when FHA Loan requires an inspector to come check out the building and auctioned homes generally don't allow for people to inspect the house until after purchase? 

Some want non-descript very basic properties in older neighborhoods. 

I'm new to real estate investing, and I'm seeking to learn and start investing for income generation and wealth building.