thinking about doing ground up construction

[Ari Bachrach]

Does anyone here do ground up construction of SFHs and then hold them as rentals as a strategy? If so can I ask you to share some of the basics of your process and strategy? I occasionally come across areas where I want to own a rental, but can't find anything for sale other than empty land. Is it crazy to buy the land, get a construction loan and a builder to build a house, then rent the house out and hold as a rental. I don't know if losing the economies of scale of having a builder build a single house will mean this will never work financially though.