Does anyone here have experience doing a complete construction build?

I was talking with a buy and hold investor. They said they have a couple of duplexes where they have purchased a lot and then built a duplex (about 1800sqft) on it because was more cost effective. They said they have been able to build for about $65/sqft when they are the general contractor. I have thought about this before but have been told by investors (that have not done it) that it’s too expensive (over $100/sqft) because its only one house. 

I have done some fairly extensive renovations but never anything this big. 

If you have done a complete build could you share your experience.

Thanks for the input Jesus. You always post some great information.

About Texas Hometown Construction, they primarily do roofing, they also do some framing and fencing.

I have seen increases in material and labor costs over the last few years. Also I have seen some lots that are reasonably priced. I think I might be able to build for about $65/sqft if I work as the general contractor. I was thinking that if I can build a duplex for about $120k, given the area rent it would yield a good return.

I was hoping that someone out there had done a complete build and could confirm costs. 

Philip, 

I met a couple of people who are currently active in this kind of investment method.  Email me and I will send you their contact info.  

In our conversation, they indicated what you would expect:  the challenge is getting the lot at the right price, there is a shortage of skilled labor, and location is important.  One thing they mentioned is that there is not a "good" place to find deals on land for this kind of investment, so finding deals requires some digging.

comanche3000@live.com