Sure more wear/tear and you will need to adjust down the monthly rate but might be better than having a lot of vacancies with an STR or LTR with lower monthly rate??

I carry some design elements from one project to the next for consistency, but always adjust based on the property.

The right tenant segment keeps income steady, and with an experienced local team, my time commitment stays low.Advantages (when I invest in the right city)Inflation-adjusted rent growth can exceed inflation, lifting my standard of living over timeI need a fraction of the capital required by pure accumulation strategiesIncome can last for life and continue for heirsPerformance is driven by supply and demand, not daily sentimentDisadvantagesReal estate is not liquidMarket and tenant selection are critical, though the process is straightforwardEntry costs are higher, often about $140,000 cash plus a mortgage in Las VegasBottom line: stocks are for building a pile, real estate is for building an income stream.

Here area few other options:Basis adjustments: Add in every improvement you made over the 30 years—kitchen remodels, roof, windows, decks, etc.

Prices here are slowly taking a much needed correction, but it will likely be some time until the market is adjusted. 

Are you adjusting expectations, or do you build in a bigger cushion on every deal?

Patience PaysWholesaling gets marketed like a fast-cash hustle, but real success comes with treating it like a business.That means:✅ Following a process even when it’s slow✅ Working deals that drag on for weeks (or months)✅ Showing up daily, deal or no dealIt takes marketing, patience, relationships, speed, accuracy, and a strong mindset.The Bottom LineIf you’re grinding through follow-ups, cancellations, or deals falling apart, don’t let it discourage you.

Don’t do it just to do it.If the duplex doesn’t actually improve your cash flow, your risk-adjusted return, or your long-term strategy, then the 1031 isn’t worth it right now.

Not to get political - but since we are being truthful, monetary policy is not independent and there has already been an intentional loosening of banking rules to facilitate more lending and more...activity & profits.Things to watch: ARMs (Adjustable Rate Mortgages) are increasing in percentage of loans closed, as are interest-only, lower down payments on DSCR or NON-QM (Alternative Income & Asset Verification) as are the DTI, reserves and employment duration criteria. 

When adjusted for inflation to 2020 dollars, this price is roughly $104,619.