Here's my cost breakdown:Architect + structural engineer$ 7,000Park fee$ 4,450School fee$ 2,192Permit application$ 2,653Permit Issuance$ 9,416Contractor (estimated)$ 170,000Inspections (estimated)$ 4,000Landscaping and other miscellaneous$ 300Total (estimated)$ 200,011 Let me know if you need referrals for contractors. 

@Ernest Partin    those are ‘general’ rules, guidelines to start an analysis and they rarely ever work in a robust active market.

Greetings everyone, I am a young engineer, recent college grad with a financial freedom mindset.

I moved to Phoenix,AZ (Tempe actually) from California just over a year ago for the engineering job of my dreams, deciding to rent an apt until I get familiar enough with the market to consider buying.Since then I’ve been working on reading and learning as much as possible while building a healthy savings and found myself most interested in a Multifamily duplex where I can rent one unit and live in the other.

Would you be nervous buying a house with horizontal cracks in the foundation if a structural engineer says the way is sound and gives their backing to that assessment?

And then in between there are plenty of quality areas (like Wauwatosa, Foxpoint, Whitefish Bay etc) with good schools, moderate prices and very robust rents, typically just around 1% give or take, your choice.

My passion is in helping investors like yourself reach their goals through providing a powerful cash flow strategy; engineering-based cost segregation.Typically for every $1MM in cost basis my firm and I can free up 7-10% in cash flow for you.

I would start with a call to a structural engineer, some firms have engineers on staff good at the forensic side of engineering.

Unless OH has different laws than other states, you don’t need a license to build new construction so long as you are the owner or record, I.e. owner/Builder or you hire a licensed GC.As far as plans, you need a professional architect as well as a structural engineer to perform these tasks, you can’t just buy some generic plans.

Was lucky to have a few engineers also on the big commissioning job with me looking for accommodation so it was an easy transition.