It’s crucial to stay disciplined here, as overspending on land can limit the funds available for construction and other expenses.Development Scale: I’d recommend avoiding developments in the range of 4-50 units unless you have a very specific reason.

One perk with these companies is that they often extend the lease as construction timelines are notoriously difficult to estimate.

These areas offer a mix of renovated bungalows, new construction, and industrial conversions, with increased demand from young professionals.

Still searching for the perfect sewer line, most have at least some imperfections even new construction.

I have enough construction/rehab experience to estimate a rehab cost.

This deal was found on MLS and is a new construction 4/3.5 SFH with DADU and I purchased on n FHA owner-occupied loan.   

Always visit the collateral yourself.3. draws are done after you personally visit the property to confirm work has been done and if you dont know anything about construction bring someone who does.This is for mom and pop one of lenders this may not be possible for those doing lending at any scale..

Thanks. because existing is super messy and lower returns for general contractors and HIC, I'd recommend looking at new construction too. start to finish 120 days right now on 1-3 family is what our market is going for high volume spec homes that have been built before. 

For example right now there are lots of new construction sfh options at/under $300K if you are thinking long term rentals.

If existing houses are cheap relative to land and constructions costs, and supply is high, it may not be worth developing even if the agency says "do whatever you want".