(compared to what other investors are paying?

The general consensus is just like you said - the inventory for distressed properties to BRRRR is dwindling down compared to a year ago.

This amount is compared to the assessed value of the eligible land.

It's also been completely renovated, although it's on the smaller size, square footage compared to other houses in the neighborhood (1,500 sq. feet).  

Maybe put the real estate investing on the back-burner while you get your new business off the ground and producing reliable income for you that looks good to lenders.

That being said my numbers were abour 5% down in 2018 as compared to 2017.

Maybe you don't yet have the 15% down but compare this approach to interest and fee costs of hard money lenders that can be from 8% to 15% around the country to this approach.

So has the FDIC but then again, they don't have you working on it so, while I'm a naysayer, i'll be one of the first ones in line to buy your product if it makes it to market while i'm still here and not in the ground with Robin.

The upside positives are slight increase in rents, flipping electric & heat back to tenants, renting out the 8 storage units.The future rents , with increase, stays in line not to overprice..... compared to home ownership.The property is well in the 1% rule.

However, often you can make more cash flow from them compared to homes since you have 4 doors under one mortgage and even when you have a vacancy there are other tenants still paying which helps cover your expenses.