Build cost 2 million ($240 per square foot for a 5400 square-foot duplex) (Sale price $650 per square foot valuating the duplex at 3.5 million) Upon stabilization, the properties market value is projected to be between 4.5 and 5 million.

It may have to go to the Excess/Surplus market (ie.

I think that add ons are very market dependent.

The location, the market, and the calss of asset.

Timing the market does not work.

During due diligence, found a zoning concern, in spite of it being marketed as commercial.

- Are there specific market conditions or trends in 2024 in Charlotte or Louisville that might influence your choice?

It depends on your market and timing. 

Having a Pre-approval letter or better yet a loan commitment and a Banker to call and reassure the sellers agent you can close in 30 days or less also offers a huge advantage.In this market using a DPA is not a bad idea since rates are high and when they drop you simply refinance for a lower rate and payment. 

Great market for vacations and or investing.