Building New Construction STR, Commercial and Multi

[Ricardo Hidalgo]

The market seems to be downtrending in some areas or even holding steady. I am seeing many investors starting to long positions by taking on bigger projects that will last 8-14 months to build since flips are hard to come by and older inventory seems to be adjusting quickly. What are you thoughts about building in prime locations through the recession then holding those properties for 2 years to later 1031 exchange into a bigger development? Who is currently trying this out or current success in the current market? Would anyone be interested in sharing their thoughts?