When a PM does charge a markup, he's usually getting a discount on the service to keep the cost stable.

.- Creditworthiness: German banks assess your financial standing, so keeping accounts in good standing is critical.4.

Keeping in mind you're not making a decision for your forever home....Let me know if you need market specific insight. 

My goal is to buy one rental per year with price between 150k-250k for the next ten years (if i get to keep my job). 

Selling gets a tax free gain and allows you to be more liquid; keeping it allows you to have once in a lifetime cheap debt and have that leverage on an appreciating asset. 

On top of that, many policies have become more strict (especially in the last few years) with replacement cost language because replacement cost estimates did not keep up with inflation for a period of time AND/OR replacement costs on many older properties had skyrocketed so it made more sense to calculate replacement values with functionally equivalent rather than exact materials.

I'll be keeping your info as I'm about to be a North Carolina resident and property investor.

People voting on that are either crazy or stupid ...Keep up the good work.

Keep detailed records of income, expenses, and improvements, and choose the right filing approach based on your comfort level with these rules.This post does not create a CPA-Client relationship.

The investors I work with find that builders are able to incentivise their product to keep it moving and do what they do best.