Drive around Bonney road and the side streets that lead to vb Blvd.

The zoning may be industrial but land use and other factors will determine whether you can build an additional dwelling, whether that is a house, garage apartment, w/e.

I drive an anonymous un-branded vehicle for the first time in over a decade. 

I'll have to factor the insurance component in my cash flow calculations a bit more, and it definitely narrows down price point for me.Thanks again and I'll update ya'll on my progress!

Hello All,I have been identifying properties in the Richmond area that I might consider purchasing but wanted to see what the average cost of certain critical factors were.

It depends on many factors. 

You are right to be thinking ahead, there are many factors to consider and making sure you are ready well before you choose to act is wise. 

My focus is small multi family as I build up my reserves.I’m not very active with meet ups but I drive the state for my day job so I’m always on the hunt!

My standard response re-states all the basics (rent, location, qualifications) and requests interested renters actually drive by the house before requesting an appointment. 

Yes that's correct assuming you bought them at the right price where you were able to get all your cash back out.As far as the future goes you would have a mortgage on each house after you do the cash out refinance.It's crucial to make sure you know what that payment will be in advance to factor it in to your deal analysis.