You do the math.Plus all the the exterior projects: new siding, new roof, building out eave returns and soffit overhangs to fix the poor curb appeal, un-converting the attached garage, driveway, retaining walls, the detached garage, 144 truckloads of fill to create a front yard, landscaping... 

Homes that appeal to our target tenant segment range from $350,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandPopulation growth drives housing demand and price and rent increases.

Lenders hesitate to finance buildings with outstanding compliance issues, and many investors assume they will be too costly or complicated to fix.That’s exactly where the opportunity lies.

Structuring a joint venture (JV) or equity partnership can make the deal appealing by offering a share of cash flow and appreciation. 

Typically a furnished rental will appeal to someone coming to live in an area for a short to mid term period of time.

Most of my projects are regular SFHs, so I make them appealing to the majority of the typical buyer pool.

Answer here lies in the math.

This can lead to better tenant relationships, local incentives, and an understanding of nuanced market dynamics that outsiders might miss.Conclusion:While secondary and tertiary markets might not have the same 'glitz and glam' appeal as primary ones, their potential for stable cash flows, significant appreciation, and strategic advantages can't be ignored.

sounds like someone got a nasty gram.. we see this with the syndicators that are called out then threaten the investor who called them out.. or anyone else companing about a service only to have the company either threaten or tell them if you take this down or retract we will give you your money back.. kind of like landlords lying about how great their dead beat tenant is to just get them to move on to the next landlord. 

The sheet metal building will not be appealing to 90% of tenants that would want to go on the site if any did at all.