Houses in the area fixed to the same sizing and room amounts are averaging in the high 300’s to mid 400’s. 

It’s going to be very hard to find a good contractor who will actually build on time and on budget for any new build now and many don’t want to jump through extra draw hoops such as VA.Not trying to discourage you because anything is possible, but it may serve you well to learn the ropes first on an existing building…

Not a one size fits all but definitely more risk with auction since you cant see condition which also means a better chance at reward. if you can find a way into the house or know someone who has seen the house or know the area enough it can be a great way to get BRRs.

Maybe this is too risky due to size and trying to fetch $3000+ a month in rent.

As I have started picking up some mid sized 20ish unit apartment buildings here in the Chicago suburbs I have been running into tenant package loss complaints more and more.

.- Would the house serve as a good rental property if/when you choose to move?

I like trainer Brian Buffini's method of showing competence and character at the same time.One thing I used to send out once a month that people really liked was a nice half page size glossy postcard that had local events for that month listed on the color postcard side, and on the back side had a note from me with a paragraph about how the market was doing.

If you have concerns, I usually request a "City-Will-Serve" letter from the City in which they provide a formal letter stating that the City service has capacity to accept your added flows.

Hate to break it to you, but there is no one sized fits all answer.

What size of group have you had the best experience in?