Newer construction will most likely not have inlaw apartments as the newer homes are built in residential subdivisions with deed restrictions. More likely in older neighborhoods with homes built in the 1980s, 1970s or earlier.
You can accomplish what you are trying to do, but, to cash flow you will have to be more flexible with your preference of newer construction.
Brock Realty Inc
If you'd like to search the MLS like an agent in real time, you can visit our website and sign up for a free Listing Book account. You will be able to change the search criteria to suit yourself and received morning reports regarding new listings, price changes and recent pendings.
Three Questions for you!
What are your preferred zip codes?
What is the $$ limits, that they are approved for?
Would you want to do the rehab or would you prefer a turnkey?
OOoops fourth question.....How soon would you like to move in?
We can find them for you if you give us your must haves & $$ limit!
The staff @ CR Solutions Now
The best tip I can give you is to just explore general areas that you may be interested in. They type of property you are looking for is some what limiting, so you may need to look into multiple areas.
To accomplish that, feel free to click on my web link below. From there, you can access my MLS state wide and begin to search.From there, as you have questions, please feel free to contact me.
I hope this helps.
Boca's Best Broker
2424 N. Federal Hwy #318
Boca Raton, FL 33431
Real Estate Consultant
Keller Williams Gulfside Realty
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203K Strategy: Keep in mind that a 203k would allow you to rehab a property. A am working with a client that looking at getting a 203k loan to change a place with 5 unit to rent to 4 places. This strategy will allow him to get a great deal due to the fact that 5 unit are much harder to finance than 4 unit with 203k.