Leave the less desirable ones as a backup to contact if this prospect does not work out.

Owner occ developments there is no value associated to the income approach so these props generally speaking will appreciate a lot more as the neighborhoods are much more desirable. builders the last thing they want to do is sell to investors if they are creating owner occupied communities.. rentals degrade the neighborhood and they will be sabotaging their own values to allow a bunch of investors to buy and rent out in their communities.So when you buy new builds keep in mind if its a build to rent community they will NOT appreciate like owner occupied neighborhoods.. might be best to find something already 3 to 5 years old where the stigma of renters dies down.. that would be best to protect your investment.

If you have no desire to actively pursue other investments where you make more than a 2.8% return, then by all means pay it off faster.TYFYS and best of luck!

We look for good school systems, low crime and desirable neighborhoods.

If not, is there a master plan in which the municipality has indicated a desire to have your property zoned as you'd like to see it?

They are often located in desirable neighborhoods and are close to good schools.

got out of flipping to new construction in our market in columbus ohio. licensed general contractor. when interest rates got high single family existing went down by 30% new builds sold at a 6% increase that year which demonstrated the desire and premium that new construction commands. never looking back. total control, rinse and repeat. we can get permits in 28 days. we can buy land cash in 21 days. we can build in 120 days to 140 days and keep moving. super scalable and easy and no risk. we build the same 2-3 Floorplans 

They had exhibited the desire to pay down debt and had cashed out the parks before us that had agreed to owner finance.

Unless you have time, desire and knowledge, hiring a property manager sounds like the right option.

Rents are going to go up too, perhaps significantly so.