Investing in new construction in a new small development

[Skip Gilliam]

There are a few new neighborhood developments in my area in good locations close to schools and larger well established neighborhoods. One development that just started are pretty much starter homes built by centex and they are in the $215-$260 price range. Rent in my area is roughly $1 per sq/ft. Really considering buying new, I am confident these neighborhood will appreciate due to location and surrounding neighborhoods. Builders warranty is also something that looks great for an investor. 1 year covers materials and workmanship 2 year coverage on all mechanical/ electrical and plumbing 5 year leak protection internal or exterior infiltration 10 year structural Love to hear thoughts on buying new construction?