The property is in North Carolina and I wanted to make a strong offer so I put a higher due diligence fee which becomes non-refundable unless the seller is in material breach which I would argue this is but would take take time settle.

R-4 allows duplex’s with ADUsR-6 is the same plus multifamily in townhouse forumAnd R-10 is for high density apartments Best to look into the UDO and on IMAPs for wake county to see zoning, if it’s in a frequent transient zone which allows two ADUs.

What types of returns are you seeing for your investment property (cash on cash, and cap rate), especially for any new homebuyers in this high rate environment (7%+)?

For example, Garrett Planning Network advisors offer financial planning on an hourly basis.

If I get the condo, I would just rent it out after my departure in 1-2 yearsThanks in advance for reading and for any advice or insight you may offer to my situation and/or question above!

Hi BiggerPockets Community,I've been searching for a comprehensive real estate investment calculator that includes depreciation and offers a full range of investment metrics.

Quality work and fair rates.

Why Shaker Heights Long answer:  Of the many offers I sent on various properties I wanted; this one kept going back-on-market.

The rate difference between FHA and Conventional is actually over 1% right now for Multi family propertiesCurrently the rate offered is 6.75% and 193/m in PMI (private mortgage insurance)That makes the payment with taxes and insurance roughly:$3453/monthTaxes were $3820, and insurance is $1800/yrCurrently this building can rent each 2 bed unit for up to $1800/m with tenants paying all utilities.All in cost to close is: $71,414.64If you rent both units for $1800/m you can expect gross cash flow of $147/mThis is the reality of buying a turn key duplex in the area using todays rates and prices.I want to stress, that this is actually considered a great property and deal in todays market for the areaYes, prices are high, and so area rates...My goal is to show what is actually going on.

I can't recoup the cost of a 15K hot tub replacement by raising rents really high.