Well, our landlord called last night and told me what a great location we had, how much he likes us, and that he's getting old.
He didn't say he'd sell the place for less, however.
1. Buy the lot for as little as possible.
2. Design a duplex that maximizes space (interior and exterior) up to the limit the Board of Variances imposes.
3. Build the duplex quickly and efficiently.
Personally, I think we can get this lot for a reasonable price. The big question is still how much will it cost to tear down the current place and build a new one? If we can build a modern, open, bright three- or four-storey duplex (with rooftop garden) for under $300,000, we win.
Am I dreaming?