This coverage is typically optional and usually capped at $10,000 or $15,000 so you should double check that if you haven't already.

I did a couple of smallish development deals about 30 years ago to (1) see if I “liked” doing it and (2) analyze the risk/reward first hand.  

Slightly older housing, and some neighborhoods are better or worse than others, but high growth in Durham overall going forward and cheaper real estate.

., tough to build two-family without a variance), so this may appeal more to buy-and-hold investors, rehabbers, or end-users rather than developers.The property is vacant and in significant disrepair.

I would recommend investing closer to you rather than far away if possible, but of course that is not always the best choice.

I would ask and see if there is any lease in a couple of the local FB groups.

I'd be more than happy to chat with you about this. 

I think they only count 75% of it, but that's still more than enough.Still waiting to hear back from them about our preapproval.

After a few discussions back in November '24 of what I was looking for and the price ranges (BRRR & Multi-Family, around 150k-250k) he showed me a couple properties, where one of them being a SFH in my price range, (not exactly what I was looking for but financials made sense on paper).

That being said, I seem to be doing better than most.I had a couple large ticket items to fix last year that really ate into my profits, but I still ended up positive and with a great retreat from the city that pays for itself.