Yeah, I wanted my first property to be fairly turnkey mainly to learn some of the processes, build connections with local contractors, and mainly build confidence/momentum for future deals.

I am all the sudden on the fence about building.  

My husband is selling his rental townhouse and we are using that money to build an ADU on our property in order to rent it out.

I've been too busy rehabbing my 3 unit apartment building to really focus on anything else.But nonetheless, I have been keeping up with my less-than-professional deal pipeline.My first question regarding this involves raising capital to invest in deals.

New construction around here starts between 500-700k, but nobody builds in Milwaukee proper, its all in the suburbs.

My wife and I were gifted a .25 acre lot to build on in Lehigh Acres by her parents with the idea to build a duplex as we have no interest in living there.

Build your own spreadsheets, do comparisons until you're blue in the face, walk neighborhoods until you're crippled.

Big builders will build in tons to the price of the house to offer "closing cost concessions" or buy downs.

If building a relationship based on trust and offering multiple alternate solutions to prove my identity is demanding and "beotchy" then guilty as charged.

Make sure the space meets local building codes and safety standards.Market Research: Research rental prices in your area to determine how much you can charge for the basement apartment.