Hello,We are being approached to GC/partner on a spec home with whom the client owns the lot and will be securing the construction financing himself in order to do the deal.

I’m looking to connect with some great developers and ground-up construction pros out there.

- Any other best practices that you could share that could help maximizing the rental yield, reducing prop tax and construction cost?

Many of the big announcements haven't been completed yet or still under construction. 

Given the current market conditions, new construction and turnkey properties tend to offer a more stable and lower-risk entry point into real estate investing.

That to me is the simplest deal structure and the least "risk to you" as you aren't waiting for the final home to complete to be paid, as I understand it most construction loans close on the "dirt" up front....although like everything in real estate its infinitely negotiable and changeable.  

I also liked the fact that it was structurally sound with concrete block construction, a tile roof, and high elevation.

Quote from @Donald Hatter: I would buy a $400,000 new construction home which could appraise for $430,000 to $450,000. 

Many investors are attracted to lower price points but end up losing money because cheaper properties are higher risk (not good locations, rough tenants, lower quality construction, etc.). 

It is a new construction home in an up and coming area.