Would you buy a new build specifically as a rental property?

[Briette Awbrey]

I'm currently selling my primary residence (that I bought in 2011). So I'll be making a nice chunk of change & need to invest a portion of it into rentals. 

Would you recommend buying new builds if my plan is to hang on to them long term? My mentality is that there will be less cap improvements / maintenance (hopefully) + there's no inventory in our market currently.

2nd part question - Do builders have an issue with purchasing as an investor rather than primary residence?

FYI: This isn't my first rental property, I've owned multiple. Also, "long term" would mean 15+ years (sell when my toddler graduates HS).

Let me know your thoughts!

[Joseph Schweizer]

Hi @Briette Awbrey!

I am not sure if you are looking for a specific area, but I know @Zach Lemaster has some new builds in Florida.

Best Wishes!